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Stock impact report

Chegg to Report Q3 Earnings: Should You Buy the Stock or Wait? [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
In the last reported quarter, the company's adjusted earnings per share (EPS) and net revenues topped the Zacks Consensus Estimate by 143.5% and 3.7%, respectively. On a year-over-year basis, both metrics tumbled 58.3% and 36%, respectively. Chegg's earnings topped the consensus mark in two of the trailing four quarters, met on one occasion and missed on the remaining occasion. The average surprise can be observed from the chart below. Zacks Investment Research Image Source: Zacks Investment Research Trend in CHGG's Q3 Estimates The Zacks Consensus Estimate for the company's third-quarter adjusted loss per share has remained unchanged at 14 cents over the past 60 days. The estimated figure indicates a whopping 255.6% year-over-year decline from adjusted EPS of nine cents. Zacks Investment Research Image Source: Zacks Investment Research The consensus estimate for net revenues is pegged at $76.4 million, indicating a 44.1% downturn from $136.6 million reported in the y Show less Read more
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