Scholastic missed expectations in its most recent quarter. The company felt the impact of a slowdown in school and consumer spending.
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Friday.
Scholastic Corporation (NASDAQ:SCHL ) Q4 2024 Earnings Conference Call July 18, 2024 4:30 PM ET Company Participants Jeffrey Mathews - Investor Relations Peter Warwick - President & Chief Executive Officer Haji Glover - Chief Financial Officer Conference Call Participants Brendan McCarthy - Sidoti & Company Operator Thank you for standing by, and welcome to the Scholastic Reports Fourth Quarter Fiscal Year 2024 Results. At this time, all participants are in listen-only mode.
Scholastic (SCHL) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.26 per share a year ago.