The schedule was correctly created but after creating the schedule for a report you have to create the job in Run Query/Job Schedules - ‘Create Job’ button.
If it is not working, delete the schedule and recreate it and then hit ‘Create Job’.
Currently we are testing the modifications that were implemented for Job Scheduler and Run Query modules and you will have the new patch as soon as possible.
In the new version you will be able to modify a schedule - no need to delete and recreate it.