Scholastic Reports Fiscal 2019 Second Quarter Results
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Scholastic Corp (SCHL) Reports Q2 EPS of $2.09, Revenues Miss; Offers FY19 EPS Below Consensus, Provides FY19 Revenue Outlook
December 20, 2018 7:09 AM ESTScholastic Corp (NASDAQ: SCHL) reported Q2 EPS of $2.09, versus $1.92 reported last year. Revenue for the quarter came in at $604.7 million versus the consensus estimate of $610.5 million.
Richard Robinson, Scholastic Chairman, President and Chief Executive Officer commented: "Our quarter and first half results were solid, keeping us on track to achieve our operating objectives for the fiscal year, although we continue to experience rising product and fulfillment costs similar to other businesses. In the quarter,... More
