04:19 PM EDT, 07/18/2024 (MT Newswires) -- Scholastic (SCHL) reported late Thursday fiscal Q4 earnings, excluding one-time items, of $1.73 per diluted share, down from $2.26 a year earlier.

A lone analyst polled by Capital IQ expected $2.66.

Revenue for the quarter ended May 31 was $474.9 million, down from $528.3 million a year earlier. A single analyst surveyed by Capital IQ expected $552.5 million.

The company said it expects fiscal 2025 revenue growth of 4% to 6%. One analyst polled by Capital IQ expects $1.73 billion.

Shares of the company fell nearly 8% in after-hours trading.

Price: 33.77, Change: -2.79, Percent Change: -7.63