What will be the predicted Move for Scholastic Corporation (NASDAQ:SCHL) After Earnings?


Scholastic Corporation (NASDAQ:SCHL) moved up 2.31% and closed its last trading session at $46.57. This Consumer Staples Sector stock currently has the Market Capitalization of 1.61 Billion. The Average Volume for the stock is measured as 126.65 Million. The Stock has a 52-Week High of $49.38 and 52-Week Low of $34.76 following the dates, it touched its 52-Week High on Dec 21, 2016 and 52-Week Low on Mar 24, 2016. Currently, the Return on Assets value for the trailing twelve months is 3% with the Return on Equity and Return on Investment of 4.3% and 3.4% respectively. This firm currently has YTD (year to date) performance of -1.62 Percent which is not good. The Short Ratio for the stock is 8.54.

Scholastic Corporation (NASDAQ:SCHL) Price to Earnings (P/E) ratio is 29.64. EPS or Earning per Share stands at $1.57. The TTM operating margin is 5.1 percent.

Scholastic Corporation (NASDAQ:SCHL) reports its Earnings on Thu 23 Mar (In 4 Days). The estimated EPS for the current quarter is said to be $-0.27. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has added about 1.2% since it reported its last earnings. The Closing price of Scholastic Corporation (NASDAQ:SCHL) at Last Earnings was $46 as compared to the previous closing price of $45.52. The Predicted Move on the 7th day after Scholastic Corporation (NASDAQ:SCHL) will release its earnings at about 6%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Scholastic Corporation (NASDAQ:SCHL) beats earnings by 50%, The Stock Missed Earnings  6  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Scholastic Corporation (NASDAQ:SCHL) reported its previous quarter on 12/15/2016 where it reported the Actual Earnings of $1.99. The Closing price before the company posted its earnings was $46. The Stock surged on the very next day of earnings and maintained its stock price at $48.13 by showing a % change of 4.63 percent from its previous closing price. The Next Day Volume after Earnings was reported as 339349. On the 7th day After Earnings Report, the stock hit its share price as $48.76 by showing 6% increase from the Stock price Before Earnings were reported.

On 09/22/2016, the stock reported the EPS of $-1.15 where Analysts were projecting the EPS to be $-1.17 showing a difference of $0.02. Thus Surprise Factor was there with 1.7 percent. Before Earnings Announcement on 09/22/2016, the firm had its stock price of $38.21. And immediately on the next day after earnings announcement, the stock inclined 2.51% and closed its trading session at $39.17. On 7th Day after earnings release, Scholastic Corporation (NASDAQ:SCHL) dropped to -0.31% from $38.21 to $38.09.

On 03/24/2016, Analysts were suspecting EPS of $0.95/share where Scholastic Corporation (NASDAQ:SCHL) reported its Actual EPS of $1.22. Thus showing a Surprise of 28.4 percent. The Closing Price of the stock before earnings was $35.39 while on the Next day the stock closed its trading session at $35.57 with a percentage change of 0.51% from the price of 35.39 before Earnings. The Stock Closing Price on the 7th day of earnings was $37.3.

Company Profile:

Scholastic Corporation, together with its subsidiaries, publishes and distributes children’s books worldwide. It operates through three segments: Children’s Book Publishing and Distribution, Education, and International. The Children’s Book Publishing and Distribution segment engages in the publication and distribution of children’s books, e-books, media, and interactive products through its school book clubs and book fairs, and trade channel. Its original publications include Harry Potter, The Hunger Games, The 39 Clues, Spirit Animals, The Magic School Bus, I Spy, Captain Underpants, Goosebumps, and Clifford The Big Red Dog; and licensed properties consist of Star Wars, Lego, Pokemon, and Geronimo Stilton. In addition, this segment publishes and creates ‘books plus’ products for children, including titles, such as Make Clay Charms, Sew Cute Mini Treats, and Lego Chain Reactions. The Education segment is involved in the publication and distribution of children’s books, classroom magazines, supplemental classroom and professional development materials, and related services comprising custom curriculum and teaching guides, print and on-line references, and non-fiction and fiction focused products, as well as administrative and teacher professional development services for pre-kindergarten to grade 12 in schools and libraries. It publishes non-fiction books under the imprints of Children’s Press and Franklin Watts; and consumer magazines under the Teacher magazine name. The International segment licenses the rights to selected Scholastic titles in 45 languages to other publishing companies; and sells educational materials, software, and children’s books to schools, libraries, bookstores, and other book distributors in approximately 150 countries. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.