Chegg (NYSE:CHGG) reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Chegg reported in-line EPS of $0.36 versus an estimate of $0.36.
Revenue was down $17.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 15.11% drop in the share price the next day.
Here’s a look at Chegg’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.28 | 0.26 | 0.38 |
| EPS Actual | 0.18 | 0.28 | 0.27 | 0.40 |
| Revenue Estimate | 152.67M | 176.19M | 185.18M | 202.06M |
| Revenue Actual | 157.85M | 182.85M | 187.60M | 205.19M |
To track all earnings releases for Chegg visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
