Scholastic Corp (SCHL) Misses Q3 EPS by 5c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

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Go back to Scholastic Corp (SCHL) Misses Q3 EPS by 5c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

Scholastic Reports Fiscal 2019 Third Quarter Results

March 21, 2019 4:01 PM EDT

NEW YORK, March 21, 2019 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported results for the Company's fiscal 2019 third quarter ended February 28, 2019. The Company reported third quarter 2019 loss per diluted share of $0.36, compared to a loss of $1.41 per diluted share in the third quarter of 2018. Excluding one-time items, the third quarter loss per diluted share was $0.32 versus a loss per diluted share of $0.30 in the prior year period. The third quarter is a lower revenue quarter for the Company in which it typically records a loss.

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