Scholastic ( SCHL ) is scheduled to report quarterly earnings on Thursday

Scholastic (NASDAQ:SCHL – Get Your Free Report ) is scheduled to announce its earnings results after the market closes on Thursday, September 26th. Analysts expect the company to post earnings of ($2.29) per share for the quarter. Scholastic set its FY 2025 guidance at EPS. Investors interested in listening to the company’s conference call can do so using this link.

Scholastic (NASDAQ:SCHL – Get Your Free Report ) last released its earnings results on Thursday, July 18th. The company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $2.66 by ($0.93). Scholastic had a return on equity of 3.34% and a net margin of 0.76%. The firm had revenue of $474.90 million during the quarter, compared to analyst estimates of $552.50 million. On average, analysts expect Scholastic to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Scholastic price performance

Shares of Scholastic stock opened at $31.30 on Tuesday. The company has a market cap of $895.18 million, a P/E ratio of 21.59 and a beta of 1.03. The company has a 50 day moving average of $31.28 and a two hundred day moving average of $34.40. Scholastic has a 1 year low of $28.47 and a 1 year high of $41.79.

Scholastic announces dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Thursday, October 31st will be given a $0.20 dividend. This represents an annualized dividend of $0.80 and a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, October 31. Scholastic’s dividend payout ratio is 55.17%.

Inside activity at Scholastic

In other news, CEO Warwick Peter bought 1,674 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The shares were bought at an average price of $30.46 per share, with a total value of $50,990.04. Following the completion of the transaction, the chief executive officer now owns 104,349 shares of the company’s stock, valued at $3,178,470.54. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CEO Warwick Peter bought 1,674 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The shares were purchased at an average cost of $30.46 per share, for a total transaction of $50,990.04. Following the transaction, the chief executive officer now owns 104,349 shares in the company, valued at approximately $3,178,470.54. The acquisition was disclosed in a legal filing with the SEC, which is available via this hyperlink. Also, EVP Iole Lucchese acquired 1,654 shares of the business’s stock in a transaction that occurred on Tuesday, July 23rd. The shares were bought at an average cost of $30.49 per share, with a total value of $50,430.46. Following the acquisition, the executive vice president now owns 74,264 shares of the company’s stock, valued at $2,264,309.36. Disclosure for this purchase can be found here. 18.62% of shares are owned by company insiders.

Analyst upgrades and downgrades

Separately, StockNews.com raised shares of Scholastic from a “hold” rating to a “buy” rating in a research report on Tuesday, August 27th.

Check out our latest review of Scholastic

About Scholastic

(Get a free report)

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Educational Solutions and International. The Children’s Book Publishing and Distribution segment engages in the publishing and distribution of children’s print, digital and audio books, as well as media and interactive products through school reading events and the trade channel; and the operation of school book clubs and book fairs in the United States.

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