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Stock impact report

Chegg (CHGG) Q3 Earnings Report Preview: What To Look For [Yahoo! Finance]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Yahoo! Finance
Chegg beat analysts' revenue expectations by 3.8% last quarter, reporting revenues of $105.1 million, down 35.6% year on year. It was a slower quarter for the company, with a decline in its users and a significant miss of analysts' number of services subscribers estimates. It reported 2.62 million users, down 39.9% year on year. Is Chegg a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, analysts are expecting Chegg's revenue to decline 44.2% year on year to $76.28 million, a further deceleration from the 13.5% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.08 per share. Chegg Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Chegg has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line e Show less Read more
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