Q3 Earnings Roundup: Chegg (NYSE:CHGG) And The Rest Of The Consumer Subscription Segment [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.chegg.com/overview/default.aspx
Company Research
Source: Yahoo! Finance
Consumers today expect goods and services to be hyper-personalized and on demand. Whether it be what music they listen to, what movie they watch, or even finding a date, online consumer businesses are expected to delight their customers with simple user interfaces that magically fulfill demand. Subscription models have further increased usage and stickiness of many online consumer services. The 8 consumer subscription stocks we track reported a mixed Q3. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 2.2% below. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Started as a physical textbook rental service, Chegg (NYSE:CHGG) is now a digital platform addressing student pain points by providing study and academic assistance. Chegg reported revenues of $136.6 million, down 13.5% year on year. This print exceeded analysts' expectations by 1.9%.
Show less
Read more
Impact Snapshot
Event Time:
CHGG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHGG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHGG alerts
High impacting Chegg, Inc. news events
Weekly update
A roundup of the hottest topics
CHGG
News
- Q3 Consumer Subscription Earnings: Duolingo (NASDAQ:DUOL) Earns Top Marks [Yahoo! Finance]Yahoo! Finance
- 2 Beaten-Down Stocks to Avoid in 2025 and Beyond [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- Chegg, Inc. (CHGG): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- How AI And Trump's Education Policies Are Reshaping Ed-Tech [Forbes]Forbes
CHGG
Earnings
- 11/12/24 - Beat
CHGG
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- CHGG's page on the SEC website