Earnings Outlook For Scholastic
Portfolio Pulse from Benzinga Insights
Scholastic (NASDAQ:SCHL) is set to announce its latest quarterly earnings report on September 21, 2023. Analysts estimate an earnings per share (EPS) of $-1.20. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. However, the stock has been down 3.52% over the last 52-week period.
September 20, 2023 | 2:00 pm
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Scholastic's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which often leads to a share price increase. However, the stock has been down 3.52% over the last 52-week period.
The upcoming earnings report is a significant event for Scholastic. If the company beats the EPS estimate as it has in the past, it could lead to a short-term increase in the stock price. However, the overall downward trend of the stock over the past year may temper any potential gains.
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