
Scholastic Corporation (NASDAQ:SCHL – Free Report) – Equities research analysts at Sidoti cut their Q1 2027 earnings per share (EPS) estimates for Scholastic in a report released on Tuesday, September 8th. Sidoti analyst B. Mccarthy now forecasts that the company will post earnings of ($3.15) per share for the quarter, down from their prior forecast of ($3.11). The consensus estimate for Scholastic’s current full-year earnings is $1.60 per share. Sidoti also issued estimates for Scholastic’s Q3 2027 earnings at ($0.84) EPS, Q4 2027 earnings at $2.29 EPS, FY2027 earnings at $1.46 EPS, Q1 2028 earnings at ($3.34) EPS, Q4 2028 earnings at $2.92 EPS and FY2028 earnings at $2.67 EPS.
Scholastic (NASDAQ:SCHL – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $2.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.03. The company had revenue of $476.10 million during the quarter, compared to analysts’ expectations of $517.06 million. Scholastic had a return on equity of 5.29% and a net margin of 3.58%.During the same period last year, the firm posted $0.59 earnings per share.
View Our Latest Research Report on SCHL
Scholastic Stock Down 2.0%
SCHL opened at $35.58 on Thursday. The stock’s fifty day simple moving average is $42.13 and its 200 day simple moving average is $40.38. Scholastic has a 1-year low of $22.68 and a 1-year high of $48.07. The stock has a market cap of $671.04 million, a PE ratio of 15.21, a price-to-earnings-growth ratio of 1.75 and a beta of 1.01. The company has a current ratio of 1.23, a quick ratio of 0.78 and a debt-to-equity ratio of 0.10.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in Scholastic by 160.5% in the first quarter. AQR Capital Management LLC now owns 157,436 shares of the company’s stock valued at $2,972,000 after purchasing an additional 96,998 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Scholastic by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,851 shares of the company’s stock worth $262,000 after buying an additional 630 shares in the last quarter. Empowered Funds LLC increased its holdings in Scholastic by 4.2% in the 1st quarter. Empowered Funds LLC now owns 164,178 shares of the company’s stock valued at $3,100,000 after buying an additional 6,628 shares during the period. Jane Street Group LLC increased its holdings in Scholastic by 457.8% in the 1st quarter. Jane Street Group LLC now owns 81,390 shares of the company’s stock valued at $1,537,000 after buying an additional 66,798 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Scholastic by 16.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 23,440 shares of the company’s stock valued at $492,000 after buying an additional 3,365 shares in the last quarter. Institutional investors own 82.57% of the company’s stock.
Insider Activity at Scholastic
In related news, Director Andres A. Alonso sold 2,112 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $40.28, for a total transaction of $85,071.36. Following the sale, the director owned 21,189 shares of the company’s stock, valued at $853,492.92. This represents a 9.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kaya Henderson sold 3,250 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $40.25, for a total value of $130,812.50. Following the transaction, the director owned 7,113 shares in the company, valued at approximately $286,298.25. This trade represents a 31.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 294,986 shares of company stock worth $11,731,334. Company insiders own 12.77% of the company’s stock.
Key Stories Impacting Scholastic
Here are the key news stories impacting Scholastic this week:
- Positive Sentiment: Sidoti raised its FY2027 EPS forecast to $1.46 from $1.44 and its FY2028 forecast to $2.67 from $2.64. The firm also lifted Q4 2027 EPS to $2.29 from $2.27 and Q4 2028 EPS to $2.92 from $2.89, signaling somewhat better expectations for year-end results. Sidoti earnings estimate revisions
- Positive Sentiment: Sidoti increased its Q2 2027 EPS estimate to $3.29 from $3.26 and its Q2 2028 estimate to $4.00 from $3.96, providing additional support for the longer-term earnings outlook. Sidoti quarterly earnings estimates
- Neutral Sentiment: Sidoti’s revised FY2027 EPS forecast of $1.46 remains below the broader consensus estimate of $1.60 for Scholastic’s current fiscal year, limiting the positive impact of the upgrades. Scholastic consensus earnings estimate
- Negative Sentiment: Sidoti lowered its estimates for Q1 2027 EPS to a loss of $3.15 from $3.11, Q3 2027 to a loss of $0.84 from $0.83, and Q1 2028 to a loss of $3.34 from $3.31. These reductions suggest more near-term earnings pressure and may weigh on investor sentiment. Sidoti lowered Scholastic EPS estimates
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.
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