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SCHL

Scholastic Corporation

5/22/2013, 5:33 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Friday, April 12, 1:21 PM E-books sales are still growing, but not at the manic rate they once did, reports trade association AAP. After growing to account for 17% of U.S. book publisher sales in 2011 from a mere 3% in 2009, e-books made up 22.6% of 2012 sales. Altogether, U.S. trade book sales are believed to have grown 6.2% in 2012 to $7.1B, evidence the e-book transition has done more good than harm for the publishing industry (PSO, MHP, SCHL). Amazon (AMZN), with its huge share of e-book sales, can't complain, but Barnes & Noble (BKS) is arguably in a tougher spot. Comment! [Tech, Consumer]
Thursday, March 21, 12:57 PM Midday top 10 gainers: ACAD +29%. CMT +19%. EGLE +17%. ANAC +17%. DRAM +18%. HNR +14%. ECT +14%. AFFY +13%. NICK +13%. GNK +12%.
Midday top 10 losers: GMO -18%. BLDP -18%. AMBT -15%. SCHL -15%. CIMT -13%. AQ -13%. CHRM -12%. VTNR -11%. PSUN -10%. CSUN -9%. Comment! [On the Move]
Thursday, March 21, 9:10 AM Premarket gainers: ITMN +12%. CBLI +9%. ACAD +7%. AFFY +6%.
Losers: CIMT -12%. SCHL -11%. BLDP -9%. ORCL -8%. GES -7%. Comment! [On the Move]
Thursday, March 21, 7:04 AM Scholastic Corp (SCHL): FQ3 EPS of -$0.63. Revenue of $380.5M misses by $3.7M. (PR) Comment! [Earnings, Breaking News]
Wednesday, March 20, 3:55 PM Scholastic Corp (SCHL) declares $0.125/share quarterly dividend, in line with previous. Forward yield 1.61%. For shareholders of record Apr. 30. Payable June 17. Ex-div date Apr.. 26. (PR) Comment! [Dividends]
Thursday, December 20, 2012, 7:05 AM Scholastic Corp (SCHL): FQ2 EPS of $1.89 misses by $0.16. Revenue of $616.2M misses by $16.3M. (PR) Comment! [Earnings]
Wednesday, December 19, 2012, 5:36 PM Scholastic Corp (SCHL) declares $0.125/share quarterly dividend, in line with previous. Forward yield 1.71%. For shareholders of record Jan. 31. Payable Mar. 15. Ex-div date Jan. 29. (PR) Comment! [Dividends]
Monday, November 26, 2012, 10:53 AM The mega-deal by McGraw-Hill (MHP +2.1%) to sell its education business to Apollo Global Management has some read-through to rival Scholastic (SCHL +2%). After the company sent a disappointing message to investors with a steep cut in FY13 guidance and with the sector looking ripe for further consolidation, Scholastic bears watching. Comment! [Consumer]
Wednesday, November 21, 2012, 12:45 PM Midday top 10 gainers: MEMS +72%. NLP +38%. ARCI +20%. INFI +14%. VVUS +14%. NCTY +13%. SKX +12%. SQNM +11%. PSUN +11%. MTSL +11%. Midday top 10 Losers: STV -46%. ZLC -29%. CNET -18%. SCHL -18%. TLYS -17%. STJ -14%. CLNT -13%. EBR -11%. HGSH -11%. KID -11%. 1 Comment [On the Move]
Wednesday, November 21, 2012, 9:10 AM Premarket gainers: MEMS +86%. VELT +10%. SQNM +6%. MIPS +5%. CRUS +5%.
Losers: STV -43%. SCHL -23%. TLYS -15%. ACRX -10%. EBR -10%. Comment! [On the Move]
Tuesday, November 20, 2012, 6:35 PM Scholastic (SCHL) resumes trading after cutting its FY12 outlook, currently -9.2% at $28.91. Comment! [Earnings, On the Move]
Tuesday, November 20, 2012, 6:22 PM Shares of Scholastic (SCHL) are currently halted in post-session trading after it lowers its FY13 EPS view to $1.40-$1.60 from $2.20-$2.40 and its revenue view to between $1.8B - $1.9B from $1.9B-$2.0B, which are both below consensus expectations of $2.27 per share on revenue of $1.94B respectively. The company attributes the lowered guidance to weak curriculum product sales in its Educational Technology and Services segment due to school budget constraints. Comment! [Earnings, On the Move]
Thursday, September 20, 2012, 7:13 AM Scholastic (SCHL): FQ1 EPS of -$1.02 beats by $0.03. Revenue of $293.6M (-7.7% Y/Y) misses by $20M. (PR) Comment! [Earnings]
Wednesday, September 19, 2012, 4:11 PM Scholastic (SCHL) declares $0.125/share quarterly dividend, in line with previous. Forward yield 1.50%. For shareholders of record Oct 31. Payable Dec 17. Ex-div date Oct 29. (PR) Comment! [Dividends]
Thursday, July 19, 2012, 8:09 AM More on Scholastic (SCHL): Strong sales in children books, particularly The Hunger Games trilogy, led revenue gains again. For FY13, the company expects revenue of $1.9B-$2.0B and EPS of $2.20-$2.40. Shares +4.5% premarket. (PR) Comment! [Earnings, On the Move, Consumer]
Thursday, July 19, 2012, 7:44 AM Scholastic (SCHL): FQ4 EPS of $1.80 may not be comparable to consensus of $1.57. Revenue of $678.5M (+24.4% Y/Y) beats by $37M. Shares +4.5% premarket. (PR) Comment! [Earnings, On the Move]