Earnings per Share (EPS) of $1.71 missed the Zacks Consensus Estimate of $2.30, indicating a decline from the previous year.
Revenue of $544.6 million significantly exceeded the estimated $347.0 million, showcasing strong sales performance.
Net income for the quarter was $48.8 million, with an EPS of $1.71, reflecting profitability despite missing earnings estimates.
Scholastic Corporation, listed as NASDAQ:SCHL, is a well-known publisher and distributor of children’s books, educational materials, and media. The company has a strong presence in the educational sector, competing with other major publishers like Pearson and Houghton Mifflin Harcourt. Scholastic’s recent earnings report provides a detailed look at its financial health and performance.
On December 19, 2024, Scholastic reported earnings per share (EPS) of $1.71, which was below the Zacks Consensus Estimate of $2.30. This shortfall indicates a decline from the previous year’s EPS of $2.45 for the same quarter. Despite this, the company’s revenue was $544.6 million, significantly exceeding the estimated $347.0 million, showcasing strong sales performance.
During the Q2 2025 earnings call, key figures like Jeffrey Mathews, Peter Warwick, and Haji Glover discussed the company’s financials. The call highlighted that Scholastic’s net income for the quarter was $48.8 million, resulting in an EPS of $1.71. This figure reflects the company’s profitability despite missing earnings estimates.
Scholastic’s gross profit for the quarter matched its revenue at $544.6 million, indicating efficient cost management. The operating income was $74.7 million, and the EBITDA stood at $81.9 million. These figures suggest that the company maintains a solid operational foundation, contributing to its overall financial stability.
The income before tax was reported at $70 million, with an income tax expense of $21.2 million. This financial data underscores Scholastic’s ability to generate substantial pre-tax income, which is crucial for sustaining long-term growth and shareholder value.
