Chegg Inc reports results for the quarter ended June 30 - Earnings Summary
Chegg Inc reports results for the quarter ended June 30 - Earnings Summary
Chegg Inc CHGG.N reported a quarterly adjusted loss of 2 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 10 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share.
Revenue fell 50.7% to $51.85 million from a year ago; analysts expected $49.50 million.
Chegg Inc's reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $2.95 million.
Chegg Inc shares had risen by 2.0% this quarter and gained 10.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the professional information services peer group is "buy."
This summary was machine generated from LSEG data August 6 at 02:16 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.05 | -0.02 | Beat |
Mar. 31 2026 | -0.02 | 0.03 | Beat |
Dec. 31 2025 | -0.10 | -0.01 | Beat |
Sep. 30 2025 | -0.06 | 0.00 | Beat |