Educational publishing and media company Scholastic (NASDAQ: SCHL) will be reporting results this Thursday after market hours. Here’s what to look for.

Scholastic beat analysts’ revenue expectations by 2.8% last quarter, reporting revenues of $508.3 million, up 7% year on year. It was a slower quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly.

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

This quarter, analysts are expecting Scholastic’s revenue to be flat year on year at $238.9 million, slowing from the 3.8% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$2.41 per share.

The majority of analysts covering the company have 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 six 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, there has been positive investor sentiment in the segment, with share prices up 6.3% on average over the last month. Scholastic is up 5.2% during the same time and is heading into earnings with an average analyst price target of $36 (compared to the current share price of $27.22).

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