Scholastic Q2 Adj. EPS $2.57 Beats $2.06 Estimate, Sales $551.100M Miss $556.722M Estimate

Scholastic (NASDAQ:SCHL) reported quarterly earnings of $2.57 per share which beat the analyst consensus estimate of $2.06 by 24.46 percent. This is a 41.21 percent increase over earnings of $1.82 per share from the same period last year. The company reported quarterly sales of $551.100 million which missed the analyst consensus estimate of $556.722 million by 1.01 percent. This is a 1.19 percent increase over sales of $544.600 million the same period last year.