What is Sidoti’s Forecast for Scholastic Q2 Earnings?

Scholastic Corporation (NASDAQ:SCHLFree Report) – Equities researchers at Sidoti lifted their Q2 2027 earnings estimates for Scholastic in a note issued to investors on Friday, July 24th. Sidoti analyst B. Mccarthy now anticipates that the company will earn $3.26 per share for the quarter, up from their previous estimate of $3.22. The consensus estimate for Scholastic’s current full-year earnings is $1.60 per share. Sidoti also issued estimates for Scholastic’s Q2 2028 earnings at $3.96 EPS and FY2028 earnings at $2.64 EPS.

Scholastic (NASDAQ:SCHLGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.03. The firm had revenue of $476.10 million during the quarter, compared to analysts’ expectations of $517.06 million. Scholastic had a net margin of 3.58% and a return on equity of 5.29%. During the same period in the previous year, the company earned $0.59 EPS.

Other research analysts have also issued research reports about the company. B. Riley Financial boosted their target price on Scholastic from $40.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Scholastic in a research note on Thursday, June 18th. Zacks Research cut Scholastic from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, Wall Street Zen downgraded Scholastic from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $42.00.

Check Out Our Latest Research Report on SCHL

Scholastic Stock Performance

Scholastic stock opened at $40.63 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.23 and a quick ratio of 0.73. The firm has a market capitalization of $883.30 million, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 1.96 and a beta of 0.99. Scholastic has a 1-year low of $22.68 and a 1-year high of $48.07. The company’s 50-day moving average is $43.80 and its 200 day moving average is $39.10.

Institutional Trading of Scholastic

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Scholastic by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 1,593,981 shares of the company’s stock worth $47,230,000 after acquiring an additional 59,017 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Scholastic by 879.3% in the 3rd quarter. Alliancebernstein L.P. now owns 1,159,261 shares of the company’s stock valued at $31,741,000 after purchasing an additional 1,040,880 shares in the last quarter. J. Goldman & Co LP raised its holdings in shares of Scholastic by 4.1% in the 4th quarter. J. Goldman & Co LP now owns 797,878 shares of the company’s stock valued at $23,641,000 after purchasing an additional 31,427 shares in the last quarter. Bragg Financial Advisors Inc lifted its position in shares of Scholastic by 13.0% in the 4th quarter. Bragg Financial Advisors Inc now owns 668,904 shares of the company’s stock worth $19,820,000 after purchasing an additional 76,801 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Scholastic by 57.2% in the 4th quarter. Invesco Ltd. now owns 424,973 shares of the company’s stock worth $12,592,000 after purchasing an additional 154,668 shares during the period. 82.57% of the stock is owned by hedge funds and other institutional investors.

Scholastic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.25 per share. This is an increase from Scholastic’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, August 31st. Scholastic’s payout ratio is 34.19%.

Scholastic News Roundup

Here are the key news stories impacting Scholastic this week:

  • Positive Sentiment: Scholastic was identified as an oversold communication-services stock, with a relative strength index below 30. That could attract bargain hunters if investors view the recent weakness as excessive. Benzinga article
  • Positive Sentiment: Sidoti made small upward revisions to its Q1 fiscal 2027 and Q1 fiscal 2028 estimates, moving them to losses of $3.11 and $3.31 per share, respectively, from losses of $3.12 and $3.48. These changes suggest limited improvement in those quarterly outlooks. MarketBeat analyst estimates
  • Neutral Sentiment: Sidoti’s revisions were mixed across the forecast period, while the consensus estimate for Scholastic’s current full-year earnings remains $2.61 per share. The company’s recent quarterly results also exceeded EPS expectations but fell short of revenue estimates, leaving investors focused on the durability of its earnings and sales outlook. Sidoti weighs in on Scholastic’s Q2 earnings
  • Negative Sentiment: Sidoti sharply cut its fiscal 2027 EPS forecast to $1.44 from $2.62. It also reduced Q4 fiscal 2027 estimates to $2.27 from $3.04 and lowered Q3 fiscal 2027 expectations to a loss of $0.83 per share from a loss of $0.34. MarketBeat analyst estimates
  • Negative Sentiment: Longer-term revisions were also negative: Q3 fiscal 2028 estimates declined to a loss of $0.71 from $0.36, and Q4 fiscal 2028 estimates fell to $2.89 from $3.39. A separate report described a guidance cut despite book-fair momentum and cost controls, reinforcing concerns about near-term profitability. SCHL Q2 deep dive

About Scholastic

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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.

Further Reading

Earnings History and Estimates for Scholastic (NASDAQ:SCHL)

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