Scholastic and Flux Power: Downward Earnings Reactions
- September 21st, 2023
- 420 views
Scholastic Corporation (Nasdaq: SCHL), a publishing and education company, reported first-quarter fiscal 2024 loss of $(2.20) per share, falling short of the consensus estimate loss of $(1.20). Quarterly sales stood at $228.50 million, missing analysts' revenue expectations of $268.79 million.
$SCHL was trading at $33.75 in after-hours, down $5.20 (-13.35%).
In other news, Flux Power Holdings, Inc. (Nasdaq: FLUX), a provider of advanced energy storage solutions, reported fourth-quarter fiscal 2023 revenues of $16.30 million, slightly below the analyst consensus estimate of $16.39 million in revenue for the period.
In after-hours, $FLUX was trading at $4.19, showing a decrease of $0.75 (-15.15%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026
Member Login