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Scholastic Corp misses by $0.40, misses on revs; lowers FY09 EPS guidance
Reports Q2 (Nov) earnings of $1.72 per share, $0.40 worse than the First Call consensus of $2.12; revenues fell 3.8% year/year to $661.6 mln vs the $694.9 mln consensus. Co lowers guidance for FY09, sees EPS of $1.20-1.50, excluding items, down from $1.75-2.10, vs. $1.72 consensus. Rating :
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