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Stock impact report

Chegg (CHGG) To Report Earnings Tomorrow: Here Is What To Expect [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 1.1% last quarter, reporting revenues of $188 million, down 8.4% year on year. It was a weak quarter for the company, with a decline in its users and slow revenue growth. The company reported 4.6 million users, down 8% year on year. Is Chegg a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Chegg's revenue to decline 7.2% year on year to $174.1 million, in line with the 7.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.25 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they are expecting 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 expectations by 2.2% on average. Looking at Chegg's peers in the consumer internet segment, some have Show less Read more
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