Although the second quarter will continue to show year-over-year decline, the rate of decline should improve in the second half of the fiscal year, he said. The company also is exceeding its $20 million cost reduction goal, he said. School Specialty said it still expects 2010 revenue to range from $915 million to $940 million and adjusted earnings per share are expected to range from $1.92 to $2.12, excluding one-time costs. Analysts expect a profit of $1.84 per share. Shares rose 74 cents, or 3.3 percent, to $23.13 in afternoon trading.