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Stock impact report

Will Chegg (CHGG) Beat Estimates Again in Its Next Earnings Report? [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
quarterly report, you should consider Chegg (CHGG). This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat. This an online learning platform has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.37%. For the last reported quarter, Chegg came out with earnings of $0.36 per share versus the Zacks Consensus Estimate of $0.35 per share, representing a surprise of 2.86%. For the previous quarter, the company was expected to post earnings of $0.17 per share and it actually produced earnings of $0.18 per share, delivering a surprise of 5.88%. With this earnings history in mind, recent estimates have been moving higher for Chegg. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its Show less Read more
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