Educational publishing and media company Scholastic (NASDAQ: SCHL) will be announcing earnings results this Thursday afternoon. Here’s what investors should know.

Scholastic missed analysts’ revenue expectations last quarter, reporting revenues of $551.1 million, up 1.2% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but full-year EBITDA guidance missing analysts’ expectations.

Is Scholastic a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Scholastic’s revenue to decline 1.3% year on year, a reversal from the 3.6% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Scholastic has missed Wall Street’s revenue estimates multiple times over the last two years.

With Scholastic being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for consumer discretionary stocks. However, the whole sector has faced a sell-off over the last month with stocks in Scholastic’s peer group down 4.2% on average. Scholastic’s stock price was unchanged during the same time .

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