Scholastic (NASDAQ:SCHL) Issues Earnings Results

Scholastic (NASDAQ:SCHL) issued its quarterly earnings results on Thursday. The company reported $1.82 EPS for the quarter, missing analysts’ consensus estimates 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 Price Performance

NASDAQ:SCHL traded up $0.19 during trading hours on Thursday, hitting $24.84. The 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 current ratio of 1.14 and a quick ratio of 0.64. Scholastic has a one year low of $23.69 and a one year high of $40.74. 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 company has a 50 day simple moving average of $25.80 and a two-hundred day simple moving average of $29.98.

Scholastic Announces Dividend

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

Analyst Upgrades and Downgrades

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

Scholastic Company Profile

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.