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Chegg (CHGG) Reports Q2 Loss, Tops Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Chegg (CHGG) Reports Q2 Loss, Tops Revenue Estimates

Chegg reported a quarterly loss of $0.02 per share, an improvement versus the $0.05 Zacks Consensus Estimate. Losses also narrowed from a year-ago earnings figure of $0.10 per share, suggesting a deterioration in profitability but better-than-expected results this quarter.

Analysis

Chegg reported a quarterly loss of $0.02 per share, an improvement versus the $0.05 Zacks Consensus Estimate. Losses also narrowed from a year-ago earnings figure of $0.10 per share, suggesting a deterioration in profitability but better-than-expected results this quarter.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

CHGG-0.25

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