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Scholastic Corporation  (SCHL)
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    Sector  Services    Industry Publishing & Information
   Industry Publishing & Information
   Sector  Services
 
Price: $35.9500 $-0.98 -2.654%
Day's High: $37.45 Week Perf: -5.96 %
Day's Low: $ 35.85 30 Day Perf: -9.47 %
Volume (M): 456 52 Wk High: $ 45.98
Volume (M$): $ 16,408 52 Wk Avg: $39.19
Open: $36.74 52 Wk Low: $30.50



 Market Capitalization (Millions $) 1,128
 Shares Outstanding (Millions) 31
 Employees 8,900
 Revenues (TTM) (Millions $) 1,644
 Net Income (TTM) (Millions $) 59
 Cash Flow (TTM) (Millions $) -112
 Capital Exp. (TTM) (Millions $) 67

Scholastic Corporation
Scholastic Corporation is an American multinational publishing company known for its focus on children's books and educational materials. Founded in 1920 by M.R. Robinson and Maurice R. "Robbie" Robinson, the company operates in over 165 countries and publishes in over 45 languages.

Scholastic is perhaps most well-known for its book fairs, which take place in schools and offer children a chance to purchase books at discounted prices. The company also publishes popular book series such as Harry Potter, Goosebumps, and The Hunger Games.

In addition to its publishing arm, Scholastic also operates a number of educational technology programs and platforms, including Scholastic Literacy Pro, Scholastic Reading Inventory, and Scholastic F.I.R.S.T. (Fun, Interactive, Responsive, Shared, and Time-bound) which are designed to help teachers and students improve reading and writing skills.

Scholastic has also been heavily involved in literacy advocacy through initiatives such as Read Every Day, Lead a Better Life, as well as partnerships with organizations such as Reading Is Fundamental and Worldreader.

Though primarily known for its children's books and educational resources, Scholastic has also expanded into other areas of media and entertainment, including film and television production. It has produced TV shows such as Clifford the Big Red Dog and The Magic School Bus, and films such as Goosebumps and Captain Underpants: The First Epic Movie.

Scholastic has received numerous awards and accolades throughout its history, including being named one of the "World's Most Admired Companies" by Fortune magazine and being recognized for its commitment to sustainability and corporate social responsibility.


   Company Address: 557 Broadway, New York, 10012 NY
   Company Phone Number: 343-6100   Stock Exchange / Ticker: NASDAQ SCHL
   SCHL is expected to report next financial results on March 23, 2024.


   

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Scholastic Corporation

Scholastic Corporation Faces Bearish Outlook: Declining Revenue and Margins Raise Concerns in the Second Quarter of 2024

Bearish Outlook for Scholastic Corporation: Declining Revenue and Margins Raise Concerns
Scholastic Corporation, a leading publishing and educational services company, recently released its earnings report for the second quarter of 2024. Despite managing to improve its earnings per share, the overall picture painted by the report reflects a bearish outlook for the company.
One significant concern is the 4.303% decrease in revenue year-on-year, which amounts to $562.60 million. This decline is particularly worrisome when compared to the impressive 146.214% increase in revenue during the previous reporting season. The company's inability to sustain and build upon its revenue growth is an alarming sign for investors.

Scholastic Corporation

Scholastic Corporation Faces Alarming -13.085% Revenue Contraction, Raises Concerns about Company's Future Amidst Dismal Financial Performance



In a recently released financial report, Scholastic Corporation, a leading publishing and education company, revealed its fiscal performance for the period spanning June to August 31, 2023. The company experienced significant setbacks, with a substantial decline in both revenue and earnings per share (EPS). These disappointing figures have raised concerns about the company's future prospects and prompted a drop in its stock price.
Financial Performance:
During the fiscal interval specified, Scholastic Corporation saw its per share loss increase to $-2.35, compared to $-1.33 in the same period the prior year. EPS also experienced a decline, falling from $2.22 per share in the previous reporting season. This sudden deterioration in profitability is indicative of underlying issues within the company's operations.

Scholastic Corporation

Scholastic Corporation Witnesses Prominent Amplification in Earnings per Share by 59.43% in the Latest Fiscal Term


Introduction
Scholastic Corporation, a renowned Print Media & Newspaper Publishing company, has experienced significant fluctuations in its stock market performance over the past 30 days and 12 months. The stock dropped by -1.08% and 34.83%, respectively. Additionally, it is currently trading -0.3% below its 52-week average on the NASDAQ. Nevertheless, despite these market challenges, Scholastic Corporation recently released impressive financial results for the fourth quarter of 2023 that showcased notable growth. This article will analyze these results and discuss how they may impact the future prospects of the company.
Profitability and Revenue Growth
In the fourth quarter of 2023, Scholastic Corporation revealed excellent profitability numbers, demonstrating a substantial improvement in profits compared to the same period in the previous year. Profits surged by an astonishing 59.43% to reach $2.22 per share, underscoring the company's ability to generate increased earnings. Furthermore, the company experienced a moderate revenue increase of 2.702%, reaching $528.30 million compared to the corresponding quarter a year ago.






 

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