The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Scholastic's revenues will expand 30.5% and EPS will increase 70.7%.
The average estimate for revenue is $712.2 million. On the bottom line, the average EPS estimate is $1.57.
Last quarter, Scholastic logged revenue of $467.0 million. GAAP reported sales were 22% higher than the prior-year quarter's $384.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.02. GAAP EPS were -$0.33 for Q3 against -$0.81 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 53.0%, 340 basis points better than the prior-year quarter. Operating margin was -1.7%, 580 basis points better than the prior-year quarter. Net margin was -2.2%, 430 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.18 billion. The average EPS estimate is $3.50.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 65 members out of 92 rating the stock outperform, and 27 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Scholastic a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Scholastic is outperform, with an average price target of $37.00.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.