Scholastic Corp. (SCHL) reported a third quarter net loss of $0.10 per share Thursday morning, compared to the loss of $0.81 per share last year. The consensus estimate was for an EPS loss of $0.70. The company expects to report full year 2012 earnings per share from continuing operations between $2.60 and $2.90.
Scholastic has gapped up sharply this morning and is currently higher by 6.01 at $38.21. The stock has risen above a month and a half long range and has set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.