The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. Newsletters In the same quarter last year, Chegg reported EPS of … ... the growth rate would be a decrease from more than 50% in 2020 … Copyright 2020 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Q2 2020 Chegg Inc Earnings Call 08/03/2020 04:30 PM (EDT) CHGG. Chegg Q3 2020 Earnings Preview Oct. 25, 2020 5:35 PM ET | About: Chegg, Inc. (CHGG) | By: Pranav Ghumatkar , SA News Editor Chegg (NYSE: CHGG ) is scheduled to announce Q3 earnings … See what's happening in the market right now with MarketBeat's real-time news feed. This compares to year-ago revenues of $94.15 million. Revenue of $153,009,000 up by 63.01% from the same period last year, which beat the … Chegg, which belongs to the Zacks Internet - Software industry, posted revenues of $154.02 million for the quarter ended September 2020, surpassing the … The first takeaway from Chegg's Q3 earnings report should be the robust revenue growth of 64%. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Earnings And Revenue. Revenue increased 63% to $153 million. Following the strong performance in 3Q, Chegg now expects full-year 2020 revenue between $626 and $628 million compared to the prior forecast of $605 million to $615 million. The technology company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.10 by $0.07. Based on a 20-times forward earnings multiple — which is the medium-term average for technology stocks — … This compares to earnings of $0.18 per share a year ago. For the last reported quarter, it was expected that Chegg would post earnings of $0.34 per share when it actually produced earnings of $0.37, delivering a surprise of +8.82%. Chegg 2020 First Quarter Results Conference Call. Chegg Inc (NYSE:CHGG) - Analysts at Piper Sandler issued their Q3 2020 earnings per share estimates for Chegg in a research note issued to investors on Wednesday, August 26th. Chegg has scheduled a third-quarter 2020 earnings conference call on Oct. 26 at 4:30 p.m. MarketWatch.com reported on 10/26/20 that Chegg, K12 earnings show growth in online-education spending. Get short term trading ideas from the MarketBeat Idea Engine. As a result, we are increasing our full-year 2020 guidance and now expect total revenues between $626 million and $628 million with Chegg Services between $507 million and $509 million. The numbers of … Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. So, the shares are expected to outperform the market in the near future. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. The business earned $154 million during the quarter, compared to analysts' expectations of $111.16 million. Chegg Earnings Estimates: Wall Street expected Chegg earnings per share to jump 48% to 34 cents, according to Zacks Investment Research. Chegg (CHGG) reported earnings and revenue that bested analysts' estimates. Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student®, today announced that it is scheduled to release its earnings results for the third quarter of 2020 which ended September 30, 2020, on Monday, October 26th, 2020, after the market close. For 2020, Chegg is projecting revenue between $605 million to $615 million. Export data to Excel for your own analysis. October 26, 2020. ET First Published: Oct. 26, 2020 at 4:21 p.m. Earnings results for Chegg (NYSE:CHGG) Chegg, Inc. is expected* to report earnings on 10/26/2020 after market close. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Earnings results for Chegg (NYSE:CHGG) Chegg, Inc. is expected* to report earnings on 10/26/2020 after market close. Chegg last issued its earnings data on October 26th, 2020. Chegg (CHGG Quick QuoteCHGG - Free Report) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.12 per share. Shares are down 1.3% since reporting last quarter. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Chegg Inc. (NYSE:CHGG) went down by -1.87% from its latest closing price compared to the recent 1-year high of $89.99. Other Ticker Details CHGG Company Name Chegg Inc Earnings Call Date 26-10-2020 Time (ET) 16:30 Fiscal Quarter Q3 Fiscal Year 2020 Live Webcast URL MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Over the last four quarters, the company has surpassed consensus EPS estimates four times. 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