Scholastic (NASDAQ:SCHL) Azioni

Scholastic

Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. It creates print, digital, and audiobooks, learning materials and programs, classroom magazines, and other products that support children's learning and reading both at home and at school. The company also owns rights to various books, including Harry Potter, Dog Man, and The Hunger Games among others. It has three reportable segments Children's Book Publishing and Distribution, Education Solutions, and International. The majority of its revenue is from the Children's Book Publishing and Distribution segment.

Scholastic Corp

WIIM

SCHL

Scholastic shares are trading higher after the company issued FY25 adjusted EBITDA results.

U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Monday.
Shares of Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose sharply during Monday's session amid the Robotaxi <a href="https://www.benzinga.com/markets/tech/25/06/46051889/teslas-4-20-robotaxi-disruption-waymo-should-be-worried">launch in Austin, TX</a>.
Tesla has officially rolled out its much-awaited Robotaxi in Austin, Texas, with a limited number of Model Y Robotaxis in the South Congress neighborhood.
&#8220;Our approach to autonomy also enables scalability: Tesla self-driving can be deployed anywhere it's approved,&#8221; the company said in a post on social media platform X on Sunday after the Robotaxi launch.
Tesla shares jumped 9.3% to $352.11 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>SpartanNash Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPTN#NASDAQ">SPTN</a>) shares jumped 49.5% to $26.36 after the company announced it will be acquired by C&amp;S Wholesale Grocers.</li>
<li>Standard BioTools Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAB#NASDAQ">LAB</a>) gained 36.3% to $1.43 after the company announced a strategic sale of SomaLogic to Illumina.</li>
<li>CorMedix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRMD#NASDAQ">CRMD</a>) rose 25.6% to $17.10 after the company raised its second-quarter net sales guidance.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) gained 20.2% to $17.05.</li>
<li>AIRO Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRO#NASDAQ">AIRO</a>) rose 19% to $26.47.</li>
<li>Epsium Enterprise Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EPSM#NASDAQ">EPSM</a>) gained 16.5% to $26.62.</li>
<li>Circle Internet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) rose 14.8% to $275.90 after the company announced a partnership with Fiserv to use its stablecoin platform with Fiserv&#8217;s digital banking and payment capabilities.</li>
<li>Sana Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANA#NASDAQ">SANA</a>) gained 13% to $2.9479 after announcing positive six-month clinical results from Type 1 diabetes study of Islet Cell Transplantation without Immunosuppression.</li>
<li>Ouster, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NASDAQ">OUST</a>) rose 11.8% to $24.11.</li>
<li>Exelixis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXEL#NASDAQ">EXEL</a>) gained 10% to $44.39 after the company topline results from the STELLAR-303 phase 3 pivotal trial. Also, JMP Securities raised its price target on the stock from $47 to $50.</li>
<li>Scholastic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) rose 9.4% to $20.92 as the company issued update on strategic and operational initiatives.</li>
<li>Northern Trust Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) gained 8.5% to $121.44 following a report suggesting the Bank of New York Mellon approached the company to discuss a potential merger.</li>
<li>IAMGOLD Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) gained 8% to $7.83 as the company said Côté Gold Mine reached major milestone as processing plant operated at nameplate capacity of 36,000 tpd on average over thirty consecutive days.</li>
<li>Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) climbed 5.8% to $18.38.</li>
<li>FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) rose 4.7% to $442.01 following upbeat quarterly sales.</li>
</ul>
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Tesla, SpartanNash, Standard BioTools And Other Big Stocks Moving Higher On Monday

Scholastic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>), the global children's publishing, education and media company, today provides an update on key strategic and operational initiatives to enhance shareholder value. These actions accelerate Scholastic's ongoing efforts to achieve greater profitability and long-term growth and reinforce the Company's commitment to efficient capital allocation. In addition, the Company announced that it now expects fiscal 2025 Adjusted EBITDA (as defined below) in line with its original guidance of $140 million to $150 million and above its subsequently narrowed outlook, following successful cost management and solid execution in the fourth quarter.
Update on Strategic Initiatives
<ul>
<li>Scholastic completed an analysis of options to leverage its real estate assets in support of its capital allocation priorities, which include debt reduction and share repurchases.&nbsp; In furtherance of that initiative, the Company has retained Newmark Group to identify investment partners for a potential sale-leaseback transaction of all or part of its owned office and retail real estate in New York City.&nbsp; It is also evaluating potential financial advisors with respect to a similar transaction involving its distribution centers in Jefferson City, Missouri.</li>
<li>Over the past month, Scholastic reorganized its Children's Book and Education Solutions businesses, appointing new leaders with clear mandates to refine strategies, strengthen the organizations and improve financial results in fiscal 2026 and beyond. The Company remains focused on pursuing significant long-term growth opportunities in each business segment, leveraging Scholastic's brand, content and distribution channels, while also continuing to optimize each business in the near term.</li>
</ul>

Scholastic Issues Update On Key Strategic And Operational Initiatives; Now Expects FY25 Adj EBITDA In Line With Its Original Guidance Of $140M - $150M

The world was undeniably once in love with Harry Potter. <a href="https://www.benzinga.com/tech/25/05/45428241/elon-musks-grok-ai-got-asked-how-many-times-has-hbo-changed-its-name-leaves-user-stunned-with-racially-charged-response">HBO</a> hopes that it still is, despite its author&#8217;s contentious opinions.
The books have sold 230 million copies in the U.S. and 600 million worldwide, making it the bestselling book series of all time, according to U.S. publisher<a href="https://www.scholastic.com/newsroom/all-news/press-release/scholastic-marks-25-year-anniversary-of-the-publication-of-j-k--.html"> Scholastic</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>).<a href="https://www.the-numbers.com/movies/franchises"> The Numbers</a> show the film franchise having grossed over $9.5 billion.
Now, however, the Potter brand has become a lightning rod for debate due to its author, J.K. Rowling&#8216;s<a href="https://www.theguardian.com/books/2025/apr/18/jk-rowling-harry-potter-gender-critical-campaigner"> divisive views</a> on transgender women. As HBO casts for the new <a href="https://www.benzinga.com/general/entertainment/24/12/42257593/harry-potters-ron-weasley-cursed-with-2-3m-tax-bill-after-losing-lawsuit">Harry Potter</a> series, executives have been forced to defend their decision to promote Rowling&#8217;s most famous creation further.
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<h2 class="wp-block-heading">HBO Has Been In Business With Rowling For 25 Years</h2>
&#8220;The decision to be in business with J.K. Rowling is not new for us. We&#8217;ve been in business for 25 years,&#8221; HBO&#8217;s chief content officer, Casey Bloys, said recently on<a href="https://puck.news/podcasts/the-town/"> &#8220;The Town&#8221; podcast</a>. According to<a href="https://variety.com/2025/film/news/john-lithgow-jk-rowling-backlash-hbo-harry-potter-series-1236379724/"> Variety</a>, HBO and the new cast members have already faced criticism for being involved with Rowling.
On the podcast, Bloys was asked if he feared Rowling&#8217;s trans views could affect the show&#8217;s success. &#8220;We already have a show on HBO from her called ‘C.B. Strike' that we do with the BBC,&#8221; he responded, &#8220;It&#8217;s pretty clear that those are her personal, political views. She&#8217;s entitled to them. ‘Harry Potter' is not secretly being infused with anything. And if you want to debate her, you can go on Twitter.&#8221;
<h2 class="wp-block-heading">Rowling Actively Involved In the Harry Potter Reboot</h2>
Rowling&#8217;s role in the new reboot is far from passive. Last year, Bloys<a href="https://variety.com/2024/tv/news/harry-potter-hbo-series-jk-rowling-transphobia-1236215642/"> told reporters</a> that Rowling was &#8220;very, very involved in the process of selecting&#8221; showrunner Francesca Gardiner and director Mark Mylod for the new series.
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&#8220;We are proud to once again tell the story of Harry Potter — the heartwarming books that speak to the power of friendship, resolve and acceptance,&#8221; an<a href="https://variety.com/2024/tv/news/harry-potter-hbo-series-jk-rowling-transphobia-1236215642/"> HBO statement</a> said. &#8220;J.K. Rowling has a right to express her personal views. We will remain focused on the development of the new series, which will only benefit from her involvement.&#8221;
<h2 class="wp-block-heading">Heavy Investment</h2>
HBO is investing heavily in the new series, which it expects to enjoy the same success as its other top-rated shows. &#8220;You know we make shows at this scale with ‘House of the Dragon,' ‘Game of Thrones,'" Bloys told<a href="https://deadline.com/2025/03/harry-potter-tv-series-max-release-date-cast-1235323284/"> Deadline</a> in March. &#8220;I imagine it will be that scale or higher. The shorter answer is whatever it takes to make a quality show.&#8221;
Deadline reported that &#8220;House of the Dragon&#8221; cost nearly<a href="https://deadline.com/2022/08/house-of-the-dragon-hbo-biggest-marketing-campaign-1235096571/"> $200 million with an additional $100 million</a> spent on a marketing campaign for its debut season — the most ever in HBO&#8217;s history.
HBO is clearly hoping for a big return on their investment with Harry Potter. &#8220;We&#8217;ve not been shy about our excitement around Harry Potter,&#8221; David Zaslav, CEO of HBO parent Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>), told said on the company&#8217;s<a href="https://ir.wbd.com/news-and-events/events-and-presentations/event-details/2025/Warner-Bros-Discovery-Fourth-Quarter-2024-Earnings-Call/default.aspx"> Q4</a> <a href="https://www.rev.com/transcripts/warner-bros-discovery-q4-2023-earnings-conference-call-transcript">earnings call</a> in 2023. &#8220;I was in London a few weeks ago with Casey [Bloys] and Channing [Dungey, chair of Warner Bros Television] and we spent some real time with J.K. and her team,&#8221; he said. &#8220;Both sides are just thrilled to be reigniting this franchise. Our conversations were great.&#8221;
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<h2 class="wp-block-heading">Continued Public Appetite For All Things Potter</h2>
The success of the &#8220;Harry Potter and The Cursed Child&#8221; stage production saw Rowling&#8217;s production company earn $10.5 million in 2023, according to Deadline. <a href="https://www.forbes.com/sites/carolinereid/2024/12/30/harry-potter-enchants-theatergoers-as-london-stage-show-sells-more-than-3-million-tickets/">Forbes</a> reported that the London stage show has sold over 3 million tickets, and the Broadway and Chicago shows has grossed over <a href="https://dctheaterarts.org/2023/01/02/broadway-productions-of-harry-potter-and-the-cursed-child-and-chicago-set-new-records/#:~:text=In%20March%20of%202020%2C%20the%20highly%20acclaimed,over%20$250%20million%20since%20opening%20in%202018.&amp;text=It%20also%20set%20a%20new%20single%20performance,of%20Wednesday%2C%20December%2028%2C%202022%2C%20at%20$159%2C106.20.">$250 million</a> to date, showing the continued appetite for Potter-related entertainment.
According to the<a href="https://www.thetimes.com/sunday-times-rich-list/profile/article/jk-rowling-net-worth-sunday-times-rich-list-695xd7kzn"> Times of London&#8217;s</a> &#8220;Rich List&#8221;, Rowling is a billionaire and would be wealthier had she not given away £200 million ($267 million) of her fortune in philanthropy.&nbsp;
Bloys told Deadline he expects the HBO series to arrive in late 2026 or early 2027.
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HBO Execs Defend Their Association With J.K. Rowling As New Harry Potter Series Starts Casting. There's A Lot At Stake

<h3>Gainers</h3>
<ul>
<li>Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) stock moved upwards by 27.6% to $10.95 during Tuesday's pre-market session. The market value of their outstanding shares is at $361.7 million. </li>
<li>Antelope Ent Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) stock moved upwards by 14.34% to $2.95. The market value of their outstanding shares is at $2.4 million. </li>
<li>Starbox Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBX#NASDAQ">STBX</a>) stock increased by 14.28% to $2.16. The market value of their outstanding shares is at $1.1 million. </li>
<li>TEN Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XHLD#NASDAQ">XHLD</a>) shares increased by 12.23% to $0.77. The company's market cap stands at $21.6 million. </li>
<li>WiMi Hologram Cloud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) stock moved upwards by 9.77% to $4.94. The market value of their outstanding shares is at $48.5 million. </li>
<li>Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) shares increased by 9.62% to $17.99. The market value of their outstanding shares is at $480.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Gaia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAIA#NASDAQ">GAIA</a>) shares fell 19.0% to $3.25 during Tuesday's pre-market session. The company's market cap stands at $81.4 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) stock declined by 12.77% to $0.51. The company's market cap stands at $9.7 million. </li>
<li>ATN International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATNI#NASDAQ">ATNI</a>) stock declined by 8.57% to $16.01. The market value of their outstanding shares is at $247.8 million. </li>
<li>BloomZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMZ#NASDAQ">BLMZ</a>) stock declined by 7.91% to $0.11. The company's market cap stands at $1.6 million. </li>
<li>Arena Group Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AREN#AMEX">AREN</a>) stock fell 6.04% to $2.49. The market value of their outstanding shares is at $118.4 million. </li>
<li>TruGolf Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUG#NASDAQ">TRUG</a>) stock declined by 4.95% to $0.24. The company's market cap stands at $7.6 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Tuesday's Pre-Market Session

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.1% on Friday.
The Dow traded down 0.20% to 41,868.48 while the NASDAQ dipped 0.06% to 17,681.21. The S&amp;P 500 also fell, dropping, 0.28% to 5,647.20.
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Leading and Lagging Sectors Communication services shares rose by 0.3% on Friday.
In trading on Friday, materials shares dipped by 1.8%.
Top Headline
Shares of Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) fell more than 6% on Friday after the company reported second-quarter financial results.
Micron reported second-quarter revenue of $8.05 billion, beating the consensus estimate of $7.89 billion. Total revenue was up from $5.82 billion on a year-over-year basis. The company reported second-quarter adjusted earnings of $1.56 per share, beating analyst estimates of $1.42 per share, according to Benzinga Pro.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Ouster, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NASDAQ">OUST</a>) shares shot up 25% to $10.51 after the company reported better-than-expected quarterly financial results.</li>
<li>Shares of Scholastic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>)got a boost, surging 15% to $21.66 following upbeat quarterly earnings.</li>
<li>Allurion Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NASDAQ">ALUR</a>) shares were also up, gaining 39% to $3.1593 after the company announced results from its allurion program and low-dose GLP-1 therapy combination.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Damon Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMN#NASDAQ">DMN</a>) shares dropped 70% to $0.0376 after the company announced a $16.5 million public offering.</li>
<li>Shares of Planet Labs PBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) were down 19% to $3.4350 after the company reported worse-than-expected fourth-quarter financial results.</li>
<li>TELA Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELA#NASDAQ">TELA</a>) was down, falling 35% to $1.51 after the company reported worse-than-expected quarterly financial results. Additionally, Piper Sandler downgraded the stock from Overweight to Neutral and cut its price target from $5 to $2.</li>
</ul>
Commodities In commodity news, oil traded down 0.2% to $67.94 while gold traded down 1.1% at $3,011.10.
Silver traded down 1.7% to $33.400 on Friday, while copper fell 1.2% to $5.0525.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.98%, Germany's DAX 40 fell 1.15% and France's CAC 40 fell 1.01%. Spain's IBEX 35 Index rose 0.05%, while London's FTSE 100 slipped 0.95%.
Asia Pacific Markets
Asian markets closed mostly lower on Friday, with Japan's Nikkei 225 falling 0.20%, China's Shanghai Composite Index falling 1.29%, Hong Kong's Hang Seng Index dipped 2.19% and India's BSE Sensex gaining 0.73%.
Economics
The Baker Hughes oil rig count report will be released today.
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Gold Down Over 1%; Micron Technology Shares Fall After Q2 Earnings

Scholastic Corporation shares are trading higher after the company reported a Q3 sales miss and issued soft FY25 guidance.

U.S. stocks were lower, with the Dow Jones index falling around 400 points on Friday.
Shares of Scholastic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) rose sharply during Friday's session following upbeat <a href="https://www.benzinga.com/quote/SCHL/earnings">quarterly earnings</a>.
Scholastic reported quarterly losses of 5 cents per share which beat the analyst consensus estimate of a loss of 78 cents per share. The company reported quarterly sales of $335.400 million which missed the analyst consensus estimate of $347.680 million.
Scholastic shares jumped 12.2% to $21.09 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) shares jumped 30% to $58.51.</li>
<li>AleAnna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNA#NASDAQ">ANNA</a>) jumped 23.7% to $9.44.</li>
<li>Ouster, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NASDAQ">OUST</a>) gained 20.8% to $10.12 after the company reported better-than-expected quarterly financial results.</li>
<li>Northern Dynasty Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAK#NYSE">NAK</a>) shares rose 14% to $0.8021.</li>
<li>Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) jumped 9% to $6.03 following better-than-expected quarterly results.</li>
<li>agilon health, inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGL#NYSE">AGL</a>) rose 8.2% to $4.4351. Needham analyst Ryan MacDonald reiterated Agilon Health with a Hold rating.</li>
<li>Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) gained 5.5% to $45.47.</li>
<li>Adaptive Biotechnologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>) gained 7.5% to $8.33. Goldman Sachs analyst Salveen Richter upgraded Adaptive Biotechnologies from Neutral to Buy and raised the price target from $8 to $9.</li>
<li>Precigen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGEN#NASDAQ">PGEN</a>) shares rose 7% to $1.9250.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/03/44414749/top-2-defensive-stocks-that-may-keep-you-up-at-night-in-march">Top 2 Defensive Stocks That May Keep You Up At Night In March</a></li>
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ADPT

ANNA

CURV

CYTK

PGEN

Scholastic Posts Strong Earnings, Joins Ouster, Torrid Holdings, Adaptive Biotechnologies And Other Big Stocks Moving Higher On Friday

Guidance

Scholastic Sees Modest FY25 Revenue Growth

Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.78) by 93.59 percent. This is a 93.75 percent increase over losses of $(0.80) per share from the same period last year. The company reported quarterly sales of $335.400 million which missed the analyst consensus estimate of $347.680 million by 3.53 percent. This is a 3.61 percent increase over sales of $323.700 million the same period last year.

Earnings Beats

Earnings Misses

Scholastic Q3 2025 Adj. EPS $(0.05) Beats $(0.78) Estimate, Sales $335.400M Miss $347.680M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Star Equity Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRR#NASDAQ">STRR</a>) is projected to report quarterly loss at $0.17 per share on revenue of $14.00 million. 
• Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $1.68 billion. 
• Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) is estimated to report quarterly earnings at $1.83 per share on revenue of $6.40 billion. 
• Mogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOGO#NASDAQ">MOGO</a>) is likely to report quarterly loss at $0.08 per share on revenue of $12.77 million. 
• Cognition Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGTX#NASDAQ">CGTX</a>) is expected to report earnings for its fourth quarter. 
• Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) is likely to report quarterly earnings at $0.02 per share on revenue of $7.48 million. 
• InflaRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFRX#NASDAQ">IFRX</a>) is estimated to report quarterly loss at $0.28 per share on revenue of $125 thousand. 
• Beasley Broadcast Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBGI#NASDAQ">BBGI</a>) is likely to report earnings for its fourth quarter. 
• Adaptimmune Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADAP#NASDAQ">ADAP</a>) is estimated to report quarterly loss at $0.15 per share on revenue of $8.42 million. 
• Monte Rosa Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLUE#NASDAQ">GLUE</a>) is projected to report quarterly loss at $0.37 per share on revenue of $12.79 million. 
• Bragg Gaming Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRAG#NASDAQ">BRAG</a>) is estimated to report earnings for its fourth quarter. 
• Autolus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUTL#NASDAQ">AUTL</a>) is likely to report quarterly loss at $0.24 per share on revenue of $2.98 million. 
• Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) is estimated to report quarterly earnings at $2.79 per share on revenue of $3.22 billion. 
• FactSet Research Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) is likely to report quarterly earnings at $4.18 per share on revenue of $570.67 million. 
• Gambling.com Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) is likely to report quarterly earnings at $0.24 per share on revenue of $35.14 million. 
• Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $120.93 million. 
• Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) is estimated to report quarterly loss at $0.63 per share on revenue of $728.55 million. 
• Designer Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) is estimated to report quarterly loss at $0.49 per share on revenue of $719.32 million. 
• Caleres (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAL#NYSE">CAL</a>) is expected to report quarterly earnings at $0.26 per share on revenue of $646.05 million. 
• NeueHealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEUE#NYSE">NEUE</a>) is likely to report quarterly loss at $3.99 per share on revenue of $261.80 million. 
• Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $1.75 billion. 
• Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) is expected to report quarterly earnings at $2.81 per share on revenue of $16.61 billion. 
• ARS Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRY#NASDAQ">SPRY</a>) is expected to report quarterly loss at $0.12 per share on revenue of $15.90 million. 
• ZEEKR Intelligent Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) is projected to report earnings for its fourth quarter. 
• Shoe Carnival (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $275.92 million. 
• 111 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YI#NASDAQ">YI</a>) is expected to report earnings for its fourth quarter. 
• Rockwell Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMTI#NASDAQ">RMTI</a>) is estimated to report quarterly earnings at $0.02 per share on revenue of $22.61 million. 
• VEON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEON#NASDAQ">VEON</a>) is expected to report quarterly earnings at $0.77 per share on revenue of $997.00 million. 
• Valneva (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VALN#NASDAQ">VALN</a>) is estimated to report quarterly loss at $0.22 per share on revenue of $56.43 million. 
• H World Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $798.17 million. 
• 22nd Century Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) is estimated to report earnings for its fourth quarter. 
• Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) is projected to report earnings for its fourth quarter. 
• PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) is likely to report quarterly earnings at $2.56 per share on revenue of $15.68 billion. 
• Yiren Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>) is likely to report earnings for its fourth quarter. 
• Neuraxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NRXS#AMEX">NRXS</a>) is likely to report earnings for its fourth quarter. 
• SPDR Select Sector Fund - Consumer Discretionary (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) is projected to report earnings for its fourth quarter. 
• Baozun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZUN#NASDAQ">BZUN</a>) is expected to report earnings for its fourth quarter. 
• Lands' End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $458.69 million. 
<h3>Companies Reporting After The Bell</h3>
• Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) is likely to report quarterly earnings at $0.29 per share on revenue of $11.01 billion. 
• FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) is likely to report quarterly earnings at $4.54 per share on revenue of $21.89 billion. 
• Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) is expected to report quarterly earnings at $1.42 per share on revenue of $7.89 billion. 
• United States Antimony (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAMY#AMEX">UAMY</a>) is estimated to report earnings for its fourth quarter. 
• SANUWAVE Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNWV#NASDAQ">SNWV</a>) is projected to report earnings for its fourth quarter. 
• Motorsport Games (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) is projected to report quarterly loss at $0.48 per share on revenue of $3.30 million. 
• Skye Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYE#NASDAQ">SKYE</a>) is projected to report earnings for its fourth quarter. 
• Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) is expected to report quarterly loss at $0.05 per share on revenue of $200 thousand. 
• Intellicheck (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDN#NASDAQ">IDN</a>) is likely to report quarterly loss at $0.01 per share on revenue of $5.07 million. 
• Vaxart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VXRT#NASDAQ">VXRT</a>) is likely to report quarterly loss at $0.11 per share on revenue of $15.68 million. 
• Flux Power Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLUX#NASDAQ">FLUX</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $14.50 million. 
• Cibus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBUS#NASDAQ">CBUS</a>) is likely to report quarterly loss at $0.85 per share on revenue of $1.75 million. 
• Tenon Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNON#NASDAQ">TNON</a>) is expected to report quarterly loss at $3.77 per share on revenue of $901 thousand. 
• Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) is estimated to report quarterly loss at $0.10 per share on revenue of $7.14 million. 
• Torrid Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) is projected to report quarterly loss at $0.07 per share on revenue of $263.00 million. 
• Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) is expected to report quarterly earnings at $1.73 per share on revenue of $7.44 billion. 
• Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) is projected to report quarterly loss at $0.78 per share on revenue of $347.68 million. 
• Arcadia Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKDA#NASDAQ">RKDA</a>) is projected to report quarterly loss at $0.50 per share on revenue of $1.15 million. 
• Macrogenics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNX#NASDAQ">MGNX</a>) is estimated to report quarterly loss at $0.66 per share on revenue of $30.93 million. 
• TELA Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELA#NASDAQ">TELA</a>) is likely to report quarterly loss at $0.22 per share on revenue of $23.26 million. 
• Ouster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NASDAQ">OUST</a>) is likely to report quarterly loss at $0.26 per share on revenue of $30.00 million. 
• Luminar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) is projected to report quarterly loss at $0.15 per share on revenue of $17.43 million. 
• Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) is expected to report quarterly loss at $0.02 per share on revenue of $62.20 million. 
• KinderCare Learning (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLC#NYSE">KLC</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $645.37 million. 
• Runway Gwth Fin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RWAY#NASDAQ">RWAY</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $36.19 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADAP

ALAR

AMPX

AUTL

BBGI

BRAG

BZUN

CBUS

CGTX

DXLG

FLUX

GAMB

GLUE

HTHT

IFRX

LAZR

MGNX

MOGO

MSGM

NEUE

NRXS

Citigourp Global Markets 2% Protected Notes Linked To The Djia

QUBT

RKDA

RMTI

RWAY

SCVL

SKYE

SNWV

SPRY

STRR

TITN

TNON

UAMY

VALN

VEEE

VEON

VXRT

Select Sector SPDR-Consumer Discretionary

XXII

Earnings Scheduled For March 20, 2025

<h3>Gainers</h3>
<ul>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) shares moved upwards by 181.6% to $2.83 during Friday's pre-market session. The company's market cap stands at $5.2 million. </li>
<li>Baosheng Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAOS#NASDAQ">BAOS</a>) stock increased by 9.67% to $1.7. The company's market cap stands at $2.6 million. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YHC#NASDAQ">YHC</a>) stock rose 6.91% to $1.7. The company's market cap stands at $12.1 million. </li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares moved upwards by 6.71% to $0.41. The company's market cap stands at $2.4 million. </li>
<li>TuanChe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TC#NASDAQ">TC</a>) stock moved upwards by 6.65% to $1.0. The company's market cap stands at $1.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>FingerMotion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNGR#NASDAQ">FNGR</a>) stock fell 25.0% to $1.5 during Friday's pre-market session. The market value of their outstanding shares is at $80.7 million. </li>
<li>Ucloudlink Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCL#NASDAQ">UCL</a>) stock fell 12.12% to $1.85. The company's market cap stands at $69.1 million. </li>
<li>Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) shares declined by 11.4% to $22.01. The market value of their outstanding shares is at $619.3 million. As per the press release, Q2 earnings came out yesterday. </li>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares declined by 10.85% to $0.11. The market value of their outstanding shares is at $5.3 million. </li>
<li>MultiMetaVerse Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMV#NASDAQ">MMV</a>) shares decreased by 8.57% to $0.57. The market value of their outstanding shares is at $21.2 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) shares decreased by 7.7% to $0.36. The company's market cap stands at $14.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASST

BAOS

FNGR

KUKE

Eaton Vance Massachusetts Municipal Income Trust

11 Communication Services Stocks Moving In Friday's Pre-Market Session

Scholastic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) stock is trading lower on Friday after the company reported worse-than-expected 2025 fiscal-year second-quarter earnings on Thursday <a href="https://www.benzinga.com//node/42605651">after the bell</a>.
The Details: Scholastic reported adjusted earnings per share of $1.82, missing analysts estimate of $2.30. In addition, the company reported sales of $554.60 million, missing analysts&#8217; estimates of $553.97 million and representing a 3% year-over-year decrease.
The company said the decrease in revenue reflects timing factors in the Children&#8217;s Book Publishing and Distribution segment, and lower sales in Education Solutions but was partially offset by the contribution of 9 Story Media Group in the Entertainment segment.
The company reported other key pieces of financial data, including adjusted EBITDA of $108.7 million. Scholastic also reported operating income of $74.7 million, a 26% decrease compared to the same period last year.
Throughout the quarter, the company repurchased 185,378 shares of its common stock for $5.0 million. Additionally, the company reaffirmed its guidance for the 2025 fiscal year.
Peter Warwick, President and CEO, said, &#8220;Scholastic&#8217;s trusted brand, bestselling IP, global scale and differentiated business models offer multiple opportunities to drive long-term profitable growth in our core markets while expanding beyond with new models, channels and products. With a strong balance sheet, including a recently upsized,&nbsp;$400 million&nbsp;revolving credit facility, and a history of robust free cash conversion, we remain committed to continuing to invest in these growth opportunities, while returning excess cash to shareholders.&#8221;
See Also: <a href="https://www.benzinga.com/insights/options/24/12/42623841/a-closer-look-at-american-expresss-options-market-dynamics">A Closer Look at American Express&#8217;s Options Market Dynamics</a>
SCHL Price Action: At the time of writing, Scholastic stock is trading 16.2% lower at $20.82, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: Image: Pexels/ Tima Miroshnichenko

What's Going On With Scholastic Stock Friday?

Scholastic shares are trading lower after the company on Thursday reported worse-than-expected Q2 financial results.

Scholastic Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) reported its second-quarter results after Thursday's closing bell. Here's a look at <a href="https://www.benzinga.com/pressreleases/24/12/n42603533/scholastic-reports-fiscal-2025-second-quarter-results">the details of the report. </a>
The Details: Scholastic reported quarterly earnings of $1.82 per share, which missed the analyst consensus estimate of $2.30. Quarterly revenue came in at $544.6 million, which missed the analyst consensus estimate of $553.97 million and was a decrease from sales of $562.6 million from the same period last year.
<ul>
<li>Children&#8217;s Book Publishing and Distribution segment revenues decreased 6% to $367 million.</li>
<li>Education Solutions revenues decreased 12% to $71.2 million, related to lower spending on supplemental curriculum products, as school districts adopt and implement new core programs.</li>
<li>Entertainment segment revenues were $16.8 million, primarily reflecting the addition of 9 Story Media Group revenues.</li>
</ul>
&#8220;Scholastic&#8217;s proprietary school-based channels continued to deliver the joy and excitement of books and reading this fall, and our publishing and entertainment divisions moved ahead with exciting plans for this fiscal year and next. As we outlined when announcing our first quarter earnings, second quarter results were lower than a year ago, primarily reflecting the timing of this year&#8217;s publishing releases,&#8221; said Peter Warwick, CEO of Scholastic. 
Read More: <a href="https://www.benzinga.com/general/social-media/24/12/42598651/mystery-drone-sightings-all-over-the-country-trump-says-what-to-know-about-investigations-lawmakers-reactions">&#8216;Mystery Drone&#8217; Sightings Spark Investigations, Politicians Respond: &#8216;Shoot Them Down,&#8217; Trump Says</a>
Outlook:&nbsp;The company reaffirmed its fiscal 2025 guidance. 
SCHL Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Scholastic shares are down 10.55% after-hours at $22.22 at the time of publication Thursday. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42440681/markets-have-the-green-light-to-rally-after-novembers-yawner-inflation-report-experts-say">&#8216;Markets Have The Green Light To Rally&#8217; After November&#8217;s &#8216;Yawner&#8217; Inflation Report, Experts Say</a></li>
</ul>
Image: Scholastic Corporation&nbsp;

Education

After-Hours Center

Scholastic Shares Fall On Worse-Than-Expected Q2 Results: Details

Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) announced its Q2 earnings on Thursday, December 19, 2024 at 04:01 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Scholastic missed estimated earnings by -21.0%, reporting an EPS of $1.82 versus an estimate of $2.3.
Revenue was down $18.00 million from the same period last year.
<h3>Historical Earnings Summary</h3>
During the previous quarter, the company beat on EPS by $0.35, leading to a 6.0% increase share price change the next day.
Here's a look at Scholastic's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-2.48</td>
<td>2.66</td>
<td>-0.8</td>
<td>2.65</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-2.13</td>
<td>1.73</td>
<td>-0.8</td>
<td>2.45</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>233.49M</td>
<td>552.50M</td>
<td>329.21M</td>
<td>625.22M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>237.20M</td>
<td>474.90M</td>
<td>323.70M</td>
<td>562.60M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Scholastic <a href="https://www.benzinga.com/quote/SCHL/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Scholastic Earnings Report: Q2 Overview

Scholastic shares are trading lower after the company reported worse-than-expected Q2 financial results.

Scholastic Reaffirms Fiscal 2025 Guidance

Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) reported quarterly earnings of $1.82 per share which missed the analyst consensus estimate of $2.30 by 20.87 percent. This is a 25.71 percent decrease over earnings of $2.45 per share from the same period last year. The company reported quarterly sales of $544.60 million which missed the analyst consensus estimate of $553.97 million by 1.69 percent. This is a 3.20 percent decrease over sales of $562.60 million the same period last year.

Scholastic Q2 Adj $1.82 Misses $2.30 Estimate, Sales $544.60M Miss $553.97M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Lamb Weston Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $1.67 billion. 
• Soho House (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHCO#NYSE">SHCO</a>) is expected to report quarterly loss at $0.01 per share on revenue of $332.86 million. 
• FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) is estimated to report quarterly loss at $1.80 per share on revenue of $40.83 million. 
• MBX Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBX#NASDAQ">MBX</a>) is likely to report earnings for its third quarter. 
• Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) is projected to report quarterly earnings at $2.02 per share on revenue of $2.87 billion. 
• Cintas (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) is expected to report quarterly earnings at $1.02 per share on revenue of $2.56 billion. 
• Paychex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) is expected to report quarterly earnings at $1.13 per share on revenue of $1.31 billion. 
• Conagra Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) is projected to report quarterly earnings at $0.68 per share on revenue of $3.15 billion. 
• CarMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $6.00 billion. 
• Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) is likely to report quarterly earnings at $3.42 per share on revenue of $17.17 billion. 
• FactSet Research Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) is likely to report quarterly earnings at $4.25 per share on revenue of $564.74 million. 
<h3>Companies Reporting After The Bell</h3>
• Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) is likely to report earnings for its fourth quarter. 
• Innovative Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISSC#NASDAQ">ISSC</a>) is estimated to report earnings for its fourth quarter. 
• BlackBerry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) is projected to report quarterly loss at $0.01 per share on revenue of $149.98 million. 
• Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) is projected to report quarterly earnings at $2.61 per share on revenue of $584.04 million. 
• Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $216.80 million. 
• Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) is likely to report quarterly earnings at $0.83 per share on revenue of $12.47 billion. 
• FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) is estimated to report quarterly earnings at $3.95 per share on revenue of $22.14 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CTAS

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