Chegg Inc expected to post a loss of 5 cents a share - Earnings Preview
Chegg Inc <CHGG.N> expected to post a loss of 5 cents a share - Earnings Preview
Chegg Inc CHGG.N, CHGG.K is expected to show a fall in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Santa Clara California-based company is expected to report a 52.9% decrease in revenue to $49.496 million from $105.12 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on May 6 2026, for the period ended June 30, was for revenue between $49.00 million and $50.00 million.
LSEG's mean analyst estimate for Chegg Inc is for a loss of 5 cents per share.
The one available analyst rating on the shares is "hold".
The mean earnings estimate of analysts was unchanged in the last three months.
The company's guidance on May 6 2026 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD49 million and USD6 million.The company's guidance on May 6 2026 for the period ended June 30 was for gross profit margin between USD51% and USD52%.
This summary was machine generated August 4 at 14:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)