Chegg (CHGG) Reports Q4 Loss, Beats Revenue Estimates

Chegg (CHGG) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +90.91%. A quarter ago, it was expected that this an online learning platform would post a loss of $0.14 per share when it actually produced break-even earnings, delivering a surprise of +100%.Over the last four quarters, the co ...