Benzinga | Sep 24, 2020 04:02PM EDT

Scholastic Q1 EPS $(1.16) May Not Compare To $(1.74) Estimate, Sales $215.20M Miss $219.00M Estimate

Scholastic (NASDAQ:SCHL) reported quarterly losses of $(1.16) per share which beat the analyst consensus estimate of $(1.74) by 33.33 percent. This is a 27.04 percent increase over losses of $(1.59) per share from the same period last year. The company reported quarterly sales of $215.20 million which missed the analyst consensus estimate of $219.00 million by 1.74 percent. This is a 7.48 percent decrease over sales of $232.60 million the same period last year.