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

Scholastic missed analysts’ revenue expectations last quarter, reporting revenues of $476.1 million, down 6.3% year on year. It was a softer 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 for active Edge members.

This quarter, the market is expecting Scholastic’s revenue to be flat year on year, improving from the 4.9% decrease 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 will 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 unfold for consumer discretionary stocks. However, the segment has faced declining investor sentiment as Scholastic’s peer group is down 8.6% on average over the last month. Scholastic is down 12.6% during the same time .

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.