Scholastic Corporation (NASDAQ:SCHL) Reports Q3 Earnings Miss and Revenue Decline

• Scholastic Corporation reported an earnings per share (EPS) of -$3.63, missing analyst estimates of -$3.42 and resulting in a -6.14% negative earnings surprise.
• The company's quarterly revenue of $216.80 million fell short of estimates, marking a 3.9% decrease year-over-year and the fourth consecutive quarter of missed revenue targets.

Scholastic Corporation (NASDAQ:SCHL) is a global publishing, education, and media company. It is widely known for distributing children's books and other educational materials through school-based book clubs and book fairs. The company operates in a competitive market for children's content and educational resources.

On September 24, 2026, Scholastic reports its quarterly earnings results. The company posts an earnings per share (EPS) of -$3.63. This figure misses the analyst consensus estimate of -$3.42. As highlighted by Zacks, this results in a negative earnings surprise of -6.14% and is a wider loss than the -$2.52 reported a year ago.

The company's revenue for the quarter is $216.80 million, falling short of the estimated $224.69 million. This represents a 3.9% decrease from the revenue reported in the same period last year. This is the fourth quarter in a row that Scholastic has missed consensus revenue estimates.

Despite the results, CEO Peter Warwick states that the company is advancing its fiscal priorities. As highlighted by PR Newswire, he notes the operating loss includes the impact of sale-leaseback transactions and investments for future growth. He also points to positive momentum in the Children's Books division. The company also has a price-to-sales ratio of 0.48, which measures the stock price against its annual sales.