Scholastic (NASDAQ:SCHL) Issues Quarterly Earnings Results

Scholastic (NASDAQ:SCHL) announced its quarterly earnings data on Thursday. The company reported $1.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.48), Zacks reports. Scholastic had a return on equity of 4.32% and a net margin of 1.49%. Scholastic updated its FY 2025 guidance to EPS.

Scholastic Stock Performance

Shares of NASDAQ SCHL opened at $19.81 on Friday. Scholastic has a one year low of $19.74 and a one year high of $40.74. The company has a market capitalization of $557.39 million, a P/E ratio of 35.38 and a beta of 1.07. The business’s 50-day moving average price is $25.75 and its two-hundred day moving average price is $29.94. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.14 and a quick ratio of 0.64.

Scholastic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Friday, January 31st. Scholastic’s dividend payout ratio (DPR) is presently 142.86%.

Analyst Ratings Changes

Separately, StockNews.com downgraded Scholastic from a “buy” rating to a “hold” rating in a research note on Saturday, October 5th.

About Scholastic

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.