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Chegg (CHGG) Earnings Date, Estimates & Call Transcripts

$1.60
+0.11 (+7.00%)
(As of 10:54 AM ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 12
After Market Closes
Confirmed
Actual EPS
(Aug. 5)
$0.24 Beat By $0.03
Consensus EPS
(Aug. 5)
$0.21
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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 EstimateCompany Guidance
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

CHGG Earnings Date and Information

Chegg last announced its earnings data on August 5th, 2024. The technology company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The business had revenue of $163.10 million for the quarter, compared to the consensus estimate of $160.02 million. Its revenue for the quarter was down 10.8% compared to the same quarter last year. Chegg has generated ($0.19) earnings per share over the last year (($0.19) diluted earnings per share). Earnings for Chegg are expected to grow by 121.05% in the coming year, from $0.19 to $0.42 per share. Chegg has confirmed that its next quarterly earnings report will be published on Tuesday, November 12th, 2024. Chegg will be holding an earnings conference call on Tuesday, November 12th at 4:30 PM Eastern. Interested parties can register for or listen to the call. or dial in at 412-317-6671 with passcode "13749504".

Chegg Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/12/2024
(Confirmed)
-------  
8/5/2024Q2 2024$0.21$0.24+$0.03$6.15$160.02 million$163.10 million        
4/29/2024Q1 2024$0.04$0.01($0.03)$0.03$174.05 million$174.35 million    
2/5/2024Q4 2023$0.36$0.36-$0.17$185.94 million$187.99 million        
10/30/2023Q3 2023($0.01)($0.07)($0.06)$0.02$152.03 million$157.85 million    
8/7/2023Q2 2023$0.02$0.01($0.01)$0.13$176.19 million$182.85 million    
5/1/2023Q1 2023$0.04$0.03($0.01)$0.04$185.25 million$187.60 million    
2/6/2023Q4 2022$0.3850$0.40+$0.0150$0.31$202.10 million$205.19 million        
11/1/2022Q3 2022($0.06)($0.02)+$0.04($1.27)$158.20 million$164.74 million    
8/4/2022Q2 2022$0.13$0.16+$0.03$0.26$189.40 million$194.72 million    
5/2/2022Q1 2022$0.07$0.10+$0.03$0.16$202.98 million$202.24 million          
2/7/2022Q4 2021$0.13$0.19+$0.06$0.23$195.20 million$207.47 million        
10/31/2021Q3 2021$0.19$0.20+$0.01$0.09$173.79 million$171.90 million        
8/8/2021Q2 2021$0.37$0.43+$0.06$0.32$190.11 million$198.48 million        
5/2/2021Q1 2021$0.30$0.28($0.02)$0.75$184.59 million$198.40 million      
2/7/2021Q4 2020$0.49$0.55+$0.06$0.56$153.90 million$205.70 million  
10/26/2020Q3 2020$0.10$0.17+$0.07$0.29$111.16 million$154.00 million    
8/3/2020Q2 2020$0.32$0.37+$0.05$0.36$117.79 million$153.01 million  
5/4/2020Q1 2020$0.02$0.22+$0.20$0.21$119.48 million$131.60 million  
2/10/2020Q4 2019$0.29$0.35+$0.06$0.36$123.05 million$125.50 million  
11/4/2019Q3 2019$0.08$0.18+$0.10$0.18$89.04 million$94.20 million    

Chegg Earnings - Frequently Asked Questions

When is Chegg's earnings date?

Chegg has confirmed that its next quarterly earnings data will be published on Tuesday, November 12th, 2024. Learn more on CHGG's earnings history.

What guidance has Chegg issued on next quarter's earnings?

Chegg updated its third quarter 2024 earnings guidance on Monday, August, 5th. The company issued revenue guidance of $133.0 million-$135.0 million, compared to the consensus revenue estimate of $143.1 million.

Did Chegg beat their earnings estimates last quarter?

In the previous quarter, Chegg (NYSE:CHGG) reported $0.24 earnings per share (EPS) to beat the analysts' consensus estimate of $0.21 by $0.03. Learn more on analysts' earnings estimate vs. CHGG's actual earnings.

How can I listen to Chegg's earnings conference call?

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

How can I read Chegg's conference call transcript?

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

How much revenue does Chegg generate each year?

Chegg (NYSE:CHGG) has a recorded annual revenue of $683.34 million.

How much profit does Chegg generate each year?

Chegg (NYSE:CHGG) has a recorded net income of $18.18 million. CHGG has generated -$0.19 earnings per share over the last four quarters.

What is Chegg's price-to-earnings ratio?

Chegg (NYSE:CHGG) has a forward price-to-earnings ratio of 7.92. The price/earnings-to-growth ratio is 0.55.

What is Chegg's EPS forecast for next year?

Chegg's earnings are expected to grow from $0.19 per share to $0.42 per share in the next year, which is a 121.05% increase.


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This page (NYSE:CHGG) was last updated on 10/15/2024 by MarketBeat.com Staff
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