Recap: Chegg Q3 Earnings

Chegg CHGG reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Chegg their estimated earnings by 0.0%, reporting an EPS of $0.2 versus an estimate of $0.2, which did not surprise analysts.

Revenue was up $17,924,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06, which was followed by a 6.54% increase in the share price the next day.

Here's a look at Chegg's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 0.37 0.30 0.49 0.10
EPS Actual 0.43 0.28 0.55 0.17
Revenue Estimate 189.94M 184.59M 189.55M 143.68M
Revenue Actual 198.48M 198.38M 205.72M 154.02M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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Posted In: EarningsBZI-Recaps
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