Scholastic Reports Fiscal 2021 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Scholastic Corp (SCHL) Misses Q2 EPS by 23c, Revenues Miss
December 17, 2020 4:04 PM ESTScholastic Corp (NASDAQ: SCHL) reported Q2 EPS of $1.15, $0.23 worse than the analyst estimate of $1.38. Revenue for the quarter came in at $406 million versus the consensus estimate of $528 million.
Chairman's Commentary
"While fiscal second quarter book fairs' revenues were adversely impacted by COVID, all of Scholastic\'s other major businesses, in the U.S. and internationally, showed major improvements in operating income, year-over-year. These gains, along with a reduction in overhead expense, helped to lessen the impact of the lower fairs' revenues on Scholastic's profitability and cash position. Trade's strong fall frontlist,... More
