Benzinga | Mar 18, 2021 04:02PM EDT

Scholastic Q3 Adj. EPS $(0.14) Beats $(0.75) Estimate, Sales $277.50M Miss $279.90M Estimate

Scholastic (NASDAQ:SCHL) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.75) by 81.33 percent. This is a 58.82 percent increase over losses of $(0.34) per share from the same period last year. The company reported quarterly sales of $277.50 million which missed the analyst consensus estimate of $279.90 million by 0.86 percent. This is a 25.66 percent decrease over sales of $373.30 million the same period last year.