The upcoming report from Chegg (CHGG) is expected to reveal quarterly earnings of $0.07 per share, indicating a decline of 61.1% compared to the year-ago period. Analysts forecast revenues of $133.78 million, representing a decrease of 15.3% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings disclosure, it is c ...

Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron's®, the Washington Post® and Investor's Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...

Investors in Chegg, Inc. (CHGG) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $11.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also me ...

J Studios Investment overview I wrote about Chegg Inc. (NYSE:CHGG) previously (14th May 2024) with a hold rating as I wanted to see evidence that CHGG is able to grow its subscribers and that growth can inflect upwards. I remain hold-rated for CHGG as there are still no major signs of improvement that convince me that growth can accelerate from here. 2Q24 earnings (announced on 5th August) It was a very disappointing set of 2Q24 results. Total revenue saw $163.1 million, which was an acceleration in y/y dec ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------|-------|--------------------------------------|-------|-------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Chegg (NYSE:CHGG) stock is falling hard on Tuesday after the direct-to-student learning platform company released its latest earnings report. In the second quarter of 2024, Chegg released an updated guidance for the third quarter of the year. This has it expecting revenue for the quarter to range from $133 million to $135 million. Investors aren't happy about that when comparing it to Wall Street's estimate of $143.05 million. Here's what Chegg Chief Financial Officer David Longo said about this guidance. " ...

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG) complied with federal securities laws. On August 5, 2024, Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges." Following this news, the price of the Company's stock dropped. If you purchased Chegg stock and suffered a loss on that investment, you are encouraged t ...

Chegg, Inc. (NYSE:CHGG) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Tracey Ford - VP, IR and ESG Nathan Schultz - President and CEO David Longo - CFO Conference Call Participants Bryan Smilek - JPMorgan Eric Sheridan - Goldman Sachs Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Devin Au - KeyBanc Capital Markets Operator Greetings, and welcome to Chegg, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only m ...

Q2-24 Investor Presentation August 5, 2024 Chegg Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-36180 CHEGG, INC. (Exact name of registrant as specified in its charter) Delaware 20-3237489 (State or other ...