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Chegg (CHGG) Earnings Date, Estimates & Call Transcripts

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$1.77 -0.08 (-4.32%)
(As of 12/20/2024 05:31 PM ET)

Chegg Latest Earnings Summary

Actual EPS
(Nov. 12)
$0.09 Beat By $0.03
Consensus EPS
(Nov. 12)
$0.06

Chegg announced Q3 2024 earnings on November 12, 2024, reporting an EPS of $0.09, which beat the consensus estimate of $0.06 by $0.03. Quarterly revenue fell 13.5% year-over-year to $136.59 million, above the consensus estimate of $134.12 million. With a trailing EPS of -$7.98, Chegg's earnings are expected to grow 25.00% next year, from $0.12 to $0.15 per share.

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CHGG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CHGG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Chegg Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20243$0.04$0.05$0.04
Q2 20243$0.02$0.12$0.06
Q3 20243-$0.06$0.00-$0.03
Q4 20243$0.07$0.21$0.12
FY 202412$0.07$0.38$0.19
Q1 20251$0.04$0.04$0.04
Q2 20252$0.01$0.04$0.03
Q3 20251-$0.04-$0.04-$0.04
Q4 20251$0.09$0.09$0.09
FY 20255$0.10$0.13$0.12

Chegg Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/12/2024Q3 2024$0.06$0.09+$0.03$1.83$134.12M$136.59M
8/5/2024Q2 2024$0.21$0.24+$0.03$6.15$160.02M$163.10M
4/29/2024Q1 2024$0.04$0.01 -$0.03$0.03$174.05M$174.35M
2/5/2024Q4 2023$0.36$0.36-$0.17$185.94M$187.99M
10/30/2023Q3 2023-$0.01-$0.07 -$0.06$0.02$152.03M$157.85M
8/7/2023Q2 2023$0.02$0.01 -$0.01$0.13$176.19M$182.85M
5/1/2023Q1 2023$0.04$0.03 -$0.01$0.04$185.25M$187.60M
2/6/2023Q4 2022$0.3850$0.40+$0.0150$0.31$202.10M$205.19M

Chegg Earnings - Frequently Asked Questions

Chegg (NYSE:CHGG) last announced its quarterly earning data on Tuesday, November 12, 2024. Learn more on CHGG's earnings history.

Chegg updated its fourth quarter 2024 earnings guidance on Tuesday, November, 12th. The company issued revenue guidance of $141.0 million-$143.0 million, compared to the consensus revenue estimate of $161.5 million.

In the previous quarter, Chegg (NYSE:CHGG) reported $0.09 earnings per share (EPS) to beat the analysts' consensus estimate of $0.06 by $0.03. Learn more on analysts' earnings estimate vs. CHGG's actual earnings.

The conference call for Chegg's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Chegg's latest earnings report can be read online.
Read Transcript

Chegg (NYSE:CHGG) has a recorded annual revenue of $662.08 million.

Chegg (NYSE:CHGG) has a recorded net income of $18.18 million. CHGG has generated -$7.98 earnings per share over the last four quarters.

Chegg's earnings are expected to grow from $0.12 per share to $0.15 per share in the next year, which is a 25.00% increase.

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This page (NYSE:CHGG) was last updated on 12/22/2024 by MarketBeat.com Staff
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