Scholastic (SCHL) to Release Earnings on Thursday

Scholastic (NASDAQ:SCHL) is anticipated to announce its Q3 2026 results after the market closes on Thursday, March 19th. Analysts expect the company to announce earnings of ($0.60) per share and revenue of $331.5320 million for the quarter. Interested persons may visit the the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, March 19, 2026 at 4:30 PM ET.

Scholastic (NASDAQ:SCHL) last posted its earnings results on Thursday, December 18th. The company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.10. The business had revenue of $551.10 million during the quarter, compared to the consensus estimate of $556.72 million. Scholastic had a positive return on equity of 2.66% and a negative net margin of 0.21%.During the same period in the previous year, the business earned $1.82 EPS. On average, analysts expect Scholastic to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Scholastic Trading Down 0.7%

NASDAQ:SCHL opened at $33.68 on Wednesday. The stock’s 50 day moving average price is $34.13 and its 200 day moving average price is $30.30. The company has a market capitalization of $856.82 million, a PE ratio of -168.40 and a beta of 1.17. The company has a quick ratio of 1.24, a current ratio of 1.67 and a debt-to-equity ratio of 0.30. Scholastic has a 52-week low of $15.77 and a 52-week high of $36.24.

Hedge Funds Weigh In On Scholastic

Several hedge funds and other institutional investors have recently modified their holdings of SCHL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Scholastic by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,851 shares of the company’s stock worth $262,000 after purchasing an additional 630 shares during the period. Deutsche Bank AG raised its holdings in Scholastic by 4.1% in the fourth quarter. Deutsche Bank AG now owns 20,829 shares of the company’s stock valued at $617,000 after buying an additional 824 shares during the period. Public Sector Pension Investment Board lifted its position in Scholastic by 1.9% during the second quarter. Public Sector Pension Investment Board now owns 80,195 shares of the company’s stock valued at $1,682,000 after buying an additional 1,509 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Scholastic by 7.0% during the fourth quarter. Russell Investments Group Ltd. now owns 29,144 shares of the company’s stock valued at $864,000 after buying an additional 1,913 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in Scholastic by 23.4% during the fourth quarter. Mackenzie Financial Corp now owns 10,691 shares of the company’s stock worth $315,000 after buying an additional 2,024 shares during the period. 82.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SCHL. Weiss Ratings raised Scholastic from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 30th. Zacks Research cut shares of Scholastic from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, B. Riley Financial reiterated a “neutral” rating and issued a $37.00 price target on shares of Scholastic in a research report on Monday, March 9th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Scholastic has a consensus rating of “Hold” and an average price target of $37.00.

About Scholastic

Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.