Earnings Outlook For Chegg
Portfolio Pulse from Benzinga Insights
Chegg (NYSE:CHGG) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.17. The company's past performance shows a mixed trend of earnings beats and misses, with corresponding changes in share price. The stock is currently trading at $8.48, down 60.43% over the last 52-week period.

October 27, 2023 | 2:01 pm
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NEUTRAL IMPACT
Chegg's upcoming earnings report could impact its stock price. The company's past performance shows a mixed trend of earnings beats and misses, which have influenced its share price. The stock is currently down 60.43% over the last 52-week period.
Chegg's stock price has shown to be sensitive to its earnings reports. Given the company's mixed history of meeting or missing earnings estimates, the upcoming report could potentially influence the stock price. However, the stock's current downtrend suggests investor sentiment is negative, which could limit any potential upside from a positive earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100