What move does the options market price into Scholastic's report?

Implied ±11.8%, either direction.

How often does Scholastic move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

SCHLNasdaqBooks: Publishing or Publishing & Printing

Scholastic Corp (SCHL) earnings date, market-implied expected move, and options open interest by expiry

38.07

−0.01 · −0.03%

Regular session09:33 ET

Open38.07Volume290,991Mkt cap$701.0MP/E12.39Div yield2.36%

Day38.07 – 38.0750%52-wk25.77 – 47.4657%

SCHL

Scholastic Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.8%implied · straddle

33.5742.59

spot 38.08exp Dec 18ATM strike 37.5ATM straddle 5.30IV 51%

Nov 3 close

Expected move

Inputs

Next report

Dec 17

after close · in 43 days

est.Q2 FY27

Calendar

Next report

Last report

−7.12%

vs ±10.5% implied · ×0.67

shaded = implied · ▲▼ = realized

Sep 24 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−11.72%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

226 managers

Top fund weight

0.02%

SCHL weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Scholastic (SCHL) is expected to report on Dec 17 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±11.3%
avg realized: ±12.3%

Dec 19 '24Dec 19 '24confirmed±10.7%▼−20.25%×1.89

Mar 20 '25Mar 20 '25confirmed±8.0%▲+12.87%×1.60

Jul 24 '25Jul 24 '25confirmed±10.9%▲+23.90%×2.20

Sep 18 '25Sep 18 '25confirmed±14.1%▼−12.02%×0.85

Q2 FY26Dec 18 '25confirmed±13.7%▼−6.15%×0.45

Q3 FY26Mar 19 '26confirmed±9.6%▲+8.79%×0.92

Jul 23 '26Jul 23 '26confirmed±12.7%▼−7.08%×0.56

Q1 FY27Sep 24 '26confirmed±10.5%▼−7.12%×0.67

quarterimplied−25%0+25%realized×

Q1 FY27±10.5%▼−7.12%×0.67

Jul '26±12.7%▼−7.08%×0.56

Q3 FY26±9.6%▲+8.79%×0.92

Q2 FY26±13.7%▼−6.15%×0.45

Sep '25±14.1%▼−12.02%×0.85

Jul '25±10.9%▲+23.90%×2.20

2 older reports

Mar '25±8.0%▲+12.87%×1.60

Dec '24±10.7%▼−20.25%×1.89

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 21 close

4.04OI · 4 expiries · Oct 21 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

376+12%Nov 2016d8.9542+8%8.95

report · Dec 17 · after close · est.

5620%Dec 1844d1390%

29+4%Jan 1572d0.3292+1%0.32

62+2%Mar 19135d2.30270%2.30

ExpiryPutsCallsP/C

Nov 2016d376+12%42+8%8.95

report · Dec 17 · after close · est.

Dec 1844d5620%1390%4.04

Jan 1572d29+4%92+1%0.32

Mar 19135d62+2%270%2.30

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±11.8%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY27

−32.84%as filednet margin · revenue −54.46% QoQ · −3.90% YoY

Revenue$217M−54.46%

Gross profit$99M45.53%−65.45%

Operating income−$92M−42.53%−279.38%

Pre-tax income−$94M−746.21%

Net income−$71M−32.84%−857.45%

Cost of revenue$118M−37.97%

Operating expenses$191M−18.52%

Tax−$23M−541.18%

Other expense−$2M+95.93%

Source: SEC filings · standardized · QE Aug 31 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 09:30 ET

Intraday

Event sensitivity

NFP ×1.22· ±2.2% vs ±1.8% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.2%6 of 10×1.22

GDPgross domestic product±1.6%11 of 19×0.89

FOMCrate decision±1.5%16 of 24×0.85

PCEpersonal income & outlays±1.4%14 of 19×0.80

CPROFcorporate profits±1.4%7 of 12×0.77

CPIconsumer prices±1.2%7 of 10×0.69

PPIproducer prices±0.8%2 of 10×0.43

Bar = avg |move| to ±3% · tick = ±1.8% avg day · ×base = |move| ÷ ±1.8% · min 6 releases

Earnings history

EPS -3.77 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Sep 24 '26 · confirmed	-3.77	—
Q4 FY26	—	0.45	—
Q3 FY26	Mar 19 '26 · confirmed	2.55	—
Q2 FY26	Dec 18 '25 · confirmed	2.17	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod