Scholastic (SCHL) Lags Q2 Earnings and Revenue Estimates
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Scholastic (SCHL) reported Q2 earnings of $1.82 per share, missing the Zacks Consensus Estimate of $2.30 and down from $2.45 a year ago.
December 19, 2024 | 11:30 pm
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Scholastic's Q2 earnings of $1.82 per share fell short of the expected $2.30, and also decreased from $2.45 a year ago, indicating potential challenges in revenue generation.
The earnings miss and year-over-year decline suggest potential operational or market challenges, likely leading to negative investor sentiment and short-term stock price pressure.
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