Chegg (NYSE:CHGG) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Chegg their estimated earnings by 0.0%, reporting an EPS of $0.2 versus an estimate of $0.2, which did not surprise analysts.
Revenue was up $17,924,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 6.54% increase in the share price the next day.
Here’s a look at Chegg’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.30 | 0.49 | 0.10 |
| EPS Actual | 0.43 | 0.28 | 0.55 | 0.17 |
| Revenue Estimate | 189.94M | 184.59M | 189.55M | 143.68M |
| Revenue Actual | 198.48M | 198.38M | 205.72M | 154.02M |
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