Latest news with #Scholastic
Mint
2 days ago
- Entertainment
- Mint
Goosebumps horror anthology series cancelled after two seasons
Los Angeles [US], August 11 (ANI): Fans will no longer feel the 'Goosebumps'! Disney has cancelled the horror anthology based on the RL Stine book series after two seasons. According to Variety, Sony Pictures Television did not cite a reason for the cancellation and has planned to shop the show to other outlets and further explore creative directions for the intellectual property (IP) rights. So far, both the 'Goosebumps' seasons did well in terms of ratings, racking up 43 million watching hours across 16 international markets and 75 million hours domestically in the US since their debut. Produced by Sony Pictures TV, which owns the rights to Stine's books, the series was based on RL Stine's bestselling Scholastic lineup. There are more than 200 stories in Stine's original 'Goosebumps' books, spinoff series and short story collections, stated The Hollywood Reporter. Each season featured a new story, cast, and setting. The first one came out in October 2023, a few weeks before Halloween. It is focused on a group of five high schoolers who are pulled into a dark mystery surrounding a teen named Harold Biddle, who passed away decades ago. The cast for the first part featured the likes of Justin Long, Zack Morris, Isa Briones, Miles McKenna, Ana Yi Puig, Will Price and Rachael Harris. In Season 2, viewers were introduced to a pair of fraternal twins who move in with their recently divorced botanist father, only to experience strange things. The twins then head out to discover the truth with the help of their friends and find themselves entangled in the shocking tale of four teenagers who mysteriously vanished in 1994. The cast for Season 2 included David Schwimmer, Jayden Bartels, Sam McCarthy, Ana Ortiz, Elijah M. Cooper, Francesca Noel and Galilea La Salvia. Nicholas Stoller and Rob Letterman developed the 'Goosebumps' series for television. It was previously adapted as a 1990s series on Fox and for two feature films in the 2010s. (ANI)
News18
2 days ago
- Entertainment
- News18
Goosebumps horror anthology series cancelled after two seasons
Los Angeles [US], August 11 (ANI): Fans will no longer feel the 'Goosebumps'! Disney+ has cancelled the horror anthology based on the RL Stine book series after two seasons. According to Variety, Sony Pictures Television did not cite a reason for the cancellation and has planned to shop the show to other outlets and further explore creative directions for the intellectual property (IP) far, both the 'Goosebumps' seasons did well in terms of ratings, racking up 43 million watching hours across 16 international markets and 75 million hours domestically in the US since their debut. Produced by Sony Pictures TV, which owns the rights to Stine's books, the series was based on RL Stine's bestselling Scholastic lineup. There are more than 200 stories in Stine's original 'Goosebumps' books, spinoff series and short story collections, stated The Hollywood season featured a new story, cast, and first one came out in October 2023, a few weeks before Halloween. It is focused on a group of five high schoolers who are pulled into a dark mystery surrounding a teen named Harold Biddle, who passed away decades cast for the first part featured the likes of Justin Long, Zack Morris, Isa Briones, Miles McKenna, Ana Yi Puig, Will Price and Rachael Harris. In Season 2, viewers were introduced to a pair of fraternal twins who move in with their recently divorced botanist father, only to experience strange things. The twins then head out to discover the truth with the help of their friends and find themselves entangled in the shocking tale of four teenagers who mysteriously vanished in cast for Season 2 included David Schwimmer, Jayden Bartels, Sam McCarthy, Ana Ortiz, Elijah M. Cooper, Francesca Noel and Galilea La Stoller and Rob Letterman developed the 'Goosebumps' series for television. It was previously adapted as a 1990s series on Fox and for two feature films in the 2010s. (ANI)
Yahoo
28-07-2025
- Business
- Yahoo
1 of Wall Street's Favorite Stock to Research Further and 2 We Question
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. At StockStory, we look beyond the headlines with our independent analysis to determine whether these bullish calls are justified. Keeping that in mind, here is one stock where Wall Street's excitement appears well-founded and two where its enthusiasm might be excessive. Two Stocks to Sell: Scholastic (SCHL) Consensus Price Target: $35 (32.5% implied return) Creator of the legendary Scholastic Book Fair, Scholastic (NASDAQ:SCHL) is an international company specializing in children's publishing, education, and media services. Why Do We Pass on SCHL? Products and services aren't resonating with the market as its revenue declined by 2.3% annually over the last two years ROIC of 6% reflects management's challenges in identifying attractive investment opportunities, and its falling returns suggest its earlier profit pools are drying up Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions Scholastic is trading at $26.42 per share, or 11.9x forward P/E. If you're considering SCHL for your portfolio, see our FREE research report to learn more. Diebold Nixdorf (DBD) Consensus Price Target: $72.33 (25.6% implied return) With roots dating back to 1859 and a presence in over 100 countries, Diebold Nixdorf (NYSE:DBD) provides automated self-service technology, software, and services that help banks and retailers digitize their customer transactions. Why Is DBD Not Exciting? Products and services are facing significant end-market challenges during this cycle as sales have declined by 2.9% annually over the last five years Cash burn makes us question whether it can achieve sustainable long-term growth Push for growth has led to negative returns on capital, signaling value destruction At $57.59 per share, Diebold Nixdorf trades at 14.6x forward P/E. To fully understand why you should be careful with DBD, check out our full research report (it's free). One Stock to Watch: Perdoceo Education (PRDO) Consensus Price Target: $40 (40.4% implied return) Formerly known as Career Education Corporation, Perdoceo Education (NASDAQ:PRDO) is an educational services company that specializes in postsecondary education. Why Are We Fans of PRDO? Excellent operating margin of 24.9% highlights the efficiency of its business model Robust free cash flow margin of 23% gives it many options for capital deployment Industry-leading 49.7% return on capital demonstrates management's skill in finding high-return investments Perdoceo Education's stock price of $28.50 implies a valuation ratio of 11.7x forward EV-to-EBITDA. Is now the time to initiate a position? Find out in our full research report, it's free. Stocks We Like Even More Trump's April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
25-07-2025
- Business
- Yahoo
Scholastic (SCHL) Stock Trades Up, Here Is Why
What Happened? Shares of educational publishing and media company Scholastic (NASDAQ:SCHL) jumped 21.3% in the afternoon session after the company reported fourth-quarter financial results that beat Wall Street's expectations and provided strong guidance for the upcoming fiscal year. The publishing and education company reported fourth-quarter adjusted earnings of 87 cents per share, which surpassed the analyst consensus estimate of 85 cents. Quarterly revenue also exceeded expectations, coming in at $508.3 million against a forecast of $494.58 million, marking a 7% increase from the prior year. Investors were further encouraged by the company's optimistic forecast for its fiscal year 2026. Scholastic provided guidance for revenue to grow between 2% and 4% and targeted significant growth in Adjusted EBITDA, a measure of operating profitability, to a range of $160 million to $170 million. This positive outlook, combined with the strong quarterly performance, fueled the stock's significant gain. Is now the time to buy Scholastic? Access our full analysis report here, it's free. What Is The Market Telling Us Scholastic's shares are very volatile and have had 20 moves greater than 5% over the last year. But moves this big are rare even for Scholastic and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock gained 15.2% on the news that the company delivered strong first-quarter (fiscal Q3 2025) results, with profits significantly exceeding expectations as both EPS and EBITDA outperformed Wall Street's estimates. A key driver of this performance was the continued strength in Children's Book Publishing and Distribution, which saw a 5% increase in sales, largely driven by growth in Book Fairs and Book Clubs. However, challenges persisted in Education Solutions, where sales declined 16% due to ongoing weakness in the supplemental curriculum market. This segment's struggles contributed to the company's softer revenue growth, with overall sales missing expectations and full-year EBITDA guidance falling short of forecasts. Still, we think this was a decent quarter featuring some areas of strength but also some blemishes. Scholastic is up 24.1% since the beginning of the year, but at $26.23 per share, it is still trading 18.1% below its 52-week high of $32.04 from September 2024. Investors who bought $1,000 worth of Scholastic's shares 5 years ago would now be looking at an investment worth $1,031. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
25-07-2025
- Business
- Yahoo
Scholastic (SCHL) Q4 Earnings and Revenues Beat Estimates
Scholastic (SCHL) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.35%. A quarter ago, it was expected that this publishing, education and media company would post a loss of $0.78 per share when it actually produced a loss of $0.05, delivering a surprise of +93.59%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Scholastic, which belongs to the Zacks Publishing - Books industry, posted revenues of $508.3 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 2.77%. This compares to year-ago revenues of $474.9 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Scholastic shares have added about 5.9% since the beginning of the year versus the S&P 500's gain of 8.1%. What's Next for Scholastic? While Scholastic has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Scholastic was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$2.09 on $244.84 million in revenues for the coming quarter and $2.13 on $1.7 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Publishing - Books is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Kraft Heinz (KHC), another stock in the broader Zacks Consumer Staples sector, has yet to report results for the quarter ended June 2025. The results are expected to be released on July 30. This processed food company with dual headquarters in Pittsburgh and Chicago is expected to post quarterly earnings of $0.64 per share in its upcoming report, which represents a year-over-year change of -18%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. Kraft Heinz's revenues are expected to be $6.27 billion, down 3.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Scholastic Corporation (SCHL) : Free Stock Analysis Report Kraft Heinz Company (KHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
