Scholastic reported Q3 net income of $62.5M, or $2.55 per share, swinging from a year-ago net loss of $3.6M (−$0.13 per share), a year-over-year profit improvement of $66.1M and an EPS swing of $2.68. The sizable move to profitability is a clear earnings beat that should be material to the stock's near-term performance.
Scholastic reported Q3 net income of $62.5M, or $2.55 per share, swinging from a year-ago net loss of $3.6M (−$0.13 per share), a year-over-year profit improvement of $66.1M and an EPS swing of $2.68. The sizable move to profitability is a clear earnings beat that should be material to the stock's near-term performance.
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strongly positive
Sentiment Score
0.70
Ticker Sentiment
