Scholastic (SCHL) Expected to Announce Earnings on Thursday

Scholastic (NASDAQ:SCHLGet Free Report) is anticipated to release its Q3 2026 results after the market closes on Thursday, March 19th. Analysts expect Scholastic to post earnings of ($0.60) per share and revenue of $331.5320 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, March 19, 2026 at 4:30 PM ET.

Scholastic (NASDAQ:SCHLGet Free Report) last issued its quarterly earnings data on Thursday, December 18th. The company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.10. Scholastic had a positive return on equity of 2.66% and a negative net margin of 0.21%.The business had revenue of $551.10 million for the quarter, compared to analyst estimates of $556.72 million. During the same quarter in the previous year, the company posted $1.82 EPS. On average, analysts expect Scholastic to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Scholastic Price Performance

Shares of SCHL opened at $33.92 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 1.67 and a debt-to-equity ratio of 0.30. The stock has a market cap of $862.92 million, a PE ratio of -169.60 and a beta of 1.17. Scholastic has a 12-month low of $15.77 and a 12-month high of $36.24. The business has a 50-day simple moving average of $34.09 and a two-hundred day simple moving average of $30.24.

Scholastic Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, January 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $0.80 annualized dividend and a dividend yield of 2.4%. Scholastic’s dividend payout ratio is currently -400.00%.

Institutional Investors Weigh In On Scholastic

A number of institutional investors and hedge funds have recently bought and sold shares of SCHL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Scholastic by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,851 shares of the company’s stock worth $262,000 after acquiring an additional 630 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Scholastic by 4.1% in the fourth quarter. Deutsche Bank AG now owns 20,829 shares of the company’s stock valued at $617,000 after purchasing an additional 824 shares during the last quarter. Public Sector Pension Investment Board raised its holdings in shares of Scholastic by 1.9% in the second quarter. Public Sector Pension Investment Board now owns 80,195 shares of the company’s stock valued at $1,682,000 after purchasing an additional 1,509 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Scholastic by 7.0% during the fourth quarter. Russell Investments Group Ltd. now owns 29,144 shares of the company’s stock valued at $864,000 after purchasing an additional 1,913 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its position in shares of Scholastic by 23.4% during the fourth quarter. Mackenzie Financial Corp now owns 10,691 shares of the company’s stock valued at $315,000 after purchasing an additional 2,024 shares in the last quarter. 82.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SCHL has been the subject of a number of research reports. Weiss Ratings upgraded shares of Scholastic from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 30th. Zacks Research lowered shares of Scholastic from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, B. Riley Financial restated a “neutral” rating and issued a $37.00 price target on shares of Scholastic in a research report on Monday, March 9th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $37.00.

Read Our Latest Report on SCHL

About Scholastic

(Get Free Report)

Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.

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Earnings History for Scholastic (NASDAQ:SCHL)

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