Chegg (NYSE:CHGG – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Chegg has set its Q1 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.
Chegg (NYSE:CHGG – Get Free Report) last released its quarterly earnings data on Monday, February 5th. The technology company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. Chegg had a net margin of 2.54% and a return on equity of 1.27%. The firm had revenue of $187.99 million for the quarter, compared to the consensus estimate of $185.94 million. During the same period in the previous year, the company earned $0.16 earnings per share. The company’s quarterly revenue was down 8.4% on a year-over-year basis. On average, analysts expect Chegg to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Chegg Price Performance
NYSE:CHGG opened at $7.10 on Friday. Chegg has a one year low of $6.63 and a one year high of $18.71. The company has a market cap of $721.15 million, a P/E ratio of -44.69, a P/E/G ratio of 1.32 and a beta of 1.26. The firm’s fifty day moving average price is $7.81 and its two-hundred day moving average price is $9.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.80 and a quick ratio of 0.80.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Chegg
About Chegg
Chegg, Inc operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside.
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