A Preview Of Scholastic's Earnings
Portfolio Pulse from Benzinga Insights
Scholastic (NASDAQ:SCHL) is anticipated to report a quarterly EPS of $-0.80 on March 21, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows a correlation between earnings performance and stock price movement, with shares currently down 11.65% over the last 52 weeks. The upcoming earnings report is crucial for investor sentiment, especially considering past fluctuations in share price following earnings announcements.
March 20, 2024 | 3:01 pm
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NEUTRAL IMPACT
Scholastic is expected to report a quarterly EPS of $-0.80 on March 21, 2024. Historical performance indicates significant stock price movement post-earnings. With shares down 11.65% over the last year, the upcoming report could be pivotal for investor sentiment.
Given Scholastic's history of stock price volatility following earnings reports and the current downward trend over the last year, the upcoming earnings announcement is highly relevant. However, the score is neutral due to the uncertainty surrounding the actual results and their impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100