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CHGG
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Notable earnings after Monday's close
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Seekingalpha · 4h ago
Chegg's Earnings Outlook
Chegg (NYSE: CHGG) announces its next round of earnings this Monday, October 26. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.What Are Earnings, Net Income, And Earnings Per Share? Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.Earnings And Revenue Analysts predict Chegg will report earnings of $0.1 per share on revenue of $143.68 million. In the same quarter last year, Chegg reported EPS of $0.18 on revenue of $94.15 million.What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter? Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.View more earnings on CHGGThe Wall Street estimate would represent a 44.44% decline in the company's earnings. Revenue would be up 52.61% from the year-ago period. Here is how the Chegg's reported EPS has stacked up against analyst estimates in the past:Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019 EPS Estimate 0.32 0.15 0.29 0.08 EPS Actual 0.37 0.22 0.35 0.18 Revenue Estimate 136.61 M 122.73 M 122.97 M 89.22 M Revenue Actual 153.01 M 131.59 M 125.50 M 94.15 M Stock Performance For a full 12 months, the return has risen by 165.93%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.Do not be surprised to see the stock move on comments made during its conference call. Chegg is scheduled to hold the call at 16:30:00 ET and can be accessed here.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Benzinga's Top Upgrades, Downgrades For August 26, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga · 2d ago
Growth in Subscribers to Drive Chegg's (CHGG) Q3 Earnings
Chegg (CHGG) third-quarter results are likely to reflect robust growth in subscribers.
Zacks · 3d ago
Dow Jones Erases Early Gains, Turns Negative On Higher Coronavirus Cases
Investor's Business Daily · 6d ago
Earnings Preview: Chegg (CHGG) Q3 Earnings Expected to Decline
Chegg (CHGG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks · 6d ago
Nasdaq Turns Lower But Still Eyes Breakout Over 12,000; Autodesk Breaks Out As Bullish Stock Charts Abound
Investor's Business Daily · 6d ago
Here are Morgan Stanley's top picks for the earnings season
The bank highlighted 15 names that its analysts have high conviction going into earnings season.
CNBC.com · 10/16 14:38
Remote Learning Gains Traction Amid Pandemic: 4 Stocks to Track
Schools across the world have started imparting classes online given that there are no immediate signs of coronavirus subsiding.
Zacks · 10/16 12:34
Backed By 156 A+ Funds, This IBD 50 Stock Is Studying To Be A Long-Term Leader
Investor's Business Daily · 10/14 13:05
3 Monster Growth Stocks Gearing up for Gains
TipRanks · 10/11 13:30
3 Monster Growth Stocks Gearing up for Gains
TipRanks · 10/11 13:30
Chegg CEO discusses the $1.6 trillion student loan debt crisis
The student loan debt is $1.6 trillion in the U.S., according to a report by the credit rating agency Moody's Investors Service. Chegg CEO Daniel Rosensweig joins 'Closing Bell' to talk about what needs to be done to solve the student loan debt crisis. He said it's important to make the curriculum more relevant and accessible to everyone.
CNBC.com · 10/08 20:54
Chegg to Announce Third Quarter 2020 Financial Results
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. Chegg will host a conference call to discuss the third quarter
Business Wire · 10/06 20:05
Chegg: The Student Perspective
Despite what management says, Chegg is a bet on the status quo in education, a system that they call an "antiquated product."Chegg Study and its library of 30 million questions and answers is the engine of Chegg's business.Chegg's market opportunity is actually quite small in the USA, and betting on international success is highly speculative.Chegg has been called a cheating service; while Chegg can be used by students without the best intent, the problem is more complex.Competitive threats exist, customer LTV is naturally low, and the valuation is rich; there's not a compelling reason to own the stock.
Seekingalpha · 10/06 14:42
Is Chegg (CHGG) Stock Outpacing Its Computer and Technology Peers This Year?
Is (CHGG) Outperforming Other Computer and Technology Stocks This Year?
Zacks · 10/05 16:30
Sesame Workshop, Gymboree Invest $55M In Early Learning Edtech HOMER's New Program
Edtech startup BEGiN raised $50M in Series C funding for its early learning platform HOMER, which will launch a comprehensive new program next week. Strategic investors LEGO Ventures and Sesame Workshop participated in the round. Liquidity Capital pitched in an additional $25M in trajectory-based funding for growth.HOMER historically focused on reading with HOMER Reading and HOMER Stories, which comprise the top reading program in Apple’s App Store for children 5 and below. The company says the program can increase early reading scores by up to 74% in just 15 minutes of use a day.The new funding will help BEGiN launch
Seekingalpha · 10/03 15:31
Sesame Workshop, LEGO, And Gymboree Invest $50M In Early Learning Edtech HOMER's New Program
Edtech startup BEGiN raised $50M in Series C funding for its early learning platform HOMER, which will launch a comprehensive new program next week. Strategic investors LEGO Ventures and Sesame Workshop participated in the round. Liquidity Capital pitched in an additional $25M in trajectory-based funding for growth.HOMER historically focused on reading with HOMER Reading and HOMER Stories, which comprise the top reading program in Apple’s App Store for children 5 and below. The company says the program can increase early reading scores by up to 74% in just 15 minutes of use a day.The new funding will help BEGiN launch
Seekingalpha · 10/03 15:31
3 Stocks in Focus on the Massive Shift to Online Learning
A significant surge has been witnessed in the use of online education tools since the onset of the pandemic and with no signs of the pandemic abating, the trend is likely to continue.
Zacks · 10/01 13:00
Top Consumer Staples Stocks for October 2020
These are the consumer staples stocks with the best value, fastest growth, and most momentum for October.
Investopedia · 09/28 20:20
Chegg Will Profit From The Transformation Of Postsecondary Education
Chegg’s online educational services are benefitting from the pandemic, with services revenue up 57% in Q2 2020.The company should experience a large September increase in subscriptions, as online enrollment is expected to explode.The pandemic is forcing a long overdue transformation in postsecondary education, and Chegg will be a beneficiary of the shift to online.Online educational support services will still be in high demand once the pandemic is over.
Seekingalpha · 09/28 09:41
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About CHGG
Chegg, Inc. is a student-first connected learning platform. The Company helps students study for college admission exams, find the colleges, get grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college. The Company matches domestic and international students with colleges, universities and other academic institutions (collectively referred to as colleges) in the United States. It also offers eTextbooks library for rent and sale. The Company also has live tutors on its connected learning platform available to students online, anytime, anywhere through its Chegg Tutors service. It provides access to internships to help students gain skills that are critical to securing their first job. It offers two product lines: Required Materials and Chegg Services. The Required Materials product line includes the rental and sale of print textbooks and eTextbooks, as well as the commission it receives from Ingram.
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