Scholastic (NASDAQ:SCHL) Issues Earnings Results, Misses Estimates By $0.48 EPS

Posted by Scott Moore on Dec 19th, 2024

Scholastic (NASDAQ:SCHL – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.48), Zacks reports. Scholastic had a return on equity of 4.32% and a net margin of 1.49%. Scholastic updated its FY 2025 guidance to EPS.

Scholastic Trading Up 0.8 %

NASDAQ:SCHL traded up $0.19 during trading hours on Thursday, reaching $24.84. The company’s stock had a trading volume of 319,455 shares, compared to its average volume of 210,771. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.64 and a current ratio of 1.14. The firm has a market capitalization of $698.92 million, a price-to-earnings ratio of 44.36 and a beta of 1.07. The firm has a 50-day simple moving average of $25.80 and a 200-day simple moving average of $29.98. Scholastic has a 1 year low of $23.69 and a 1 year high of $40.74.

Scholastic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be paid a $0.20 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.22%. Scholastic’s dividend payout ratio (DPR) is 142.86%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Scholastic from a “buy” rating to a “hold” rating in a report on Saturday, October 5th.

View Our Latest Stock Analysis on SCHL

About Scholastic

(Get Free Report)

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