Scholastic Corporation (SCHL, Financial) recently experienced a significant stock price increase, rising by 5.01%. The current trading price is $27.88 per share, with a trading volume of 118,774 shares and a turnover rate of 0.42%. The price movement amplitude reached 4.78%.
According to the latest financial reports, Scholastic achieved a revenue of $237 million, but reported a net loss of $62.50 million, resulting in an earnings per share of -$2.21. The company's gross profit was $93.60 million, with a price-to-earnings ratio of 51.61. No institutional ratings are available for buy, hold, or sell recommendations at this time.
Within the publishing industry, the overall increase was 0.58%, with companies like Lee Enterprises, Scholastic, and Dallasnews Corporation - Series A showing significant gains. Lee Enterprises showed the highest turnover rate at 3.72%, while Scholastic and Dallasnews Corporation had turnover rates of 0.42% and 0.37%, respectively. Among these, Lee Enterprises and Dallasnews Corporation also had notable price movement amplitudes of 45.27% and 8.33%.
Scholastic Corporation is a U.S. publishing and educational media firm, focusing on providing books and educational materials to schools, teachers, parents, and children. It produces various forms of literature and educational resources, including print, digital, and audio books, as well as classroom magazines. The company is known for its exclusive rights to popular titles such as "Harry Potter," "Dog Man," and "The Hunger Games." It operates through three main segments: Children's Book Publishing & Distribution, Educational Solutions, and International, with most revenue coming from the Children's Book Publishing & Distribution segment.
