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Chegg (CHGG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2025, Chegg (CHGG - Free Report) reported revenue of $121.39 million, down 30.4% over the same period last year. EPS came in at -$0.06, compared to $0.26 in the year-ago quarter.
The reported revenue represents a surprise of +6.03% over the Zacks Consensus Estimate of $114.49 million. With the consensus EPS estimate being -$0.01, the EPS surprise was -500.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chegg performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Chegg Services subscribers: 3.2 million versus 3.22 million estimated by two analysts on average.
Revenue- Skills and Other: $14 million versus the two-analyst average estimate of $10.10 million. The reported number represents a year-over-year change of -31%.
Revenue- Subscription Services: $107.60 million versus the two-analyst average estimate of $104.07 million. The reported number represents a year-over-year change of -30.2%.
Shares of Chegg have returned +43.7% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Chegg (CHGG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2025, Chegg (CHGG - Free Report) reported revenue of $121.39 million, down 30.4% over the same period last year. EPS came in at -$0.06, compared to $0.26 in the year-ago quarter.
The reported revenue represents a surprise of +6.03% over the Zacks Consensus Estimate of $114.49 million. With the consensus EPS estimate being -$0.01, the EPS surprise was -500.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chegg performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Chegg Services subscribers: 3.2 million versus 3.22 million estimated by two analysts on average.
- Revenue- Skills and Other: $14 million versus the two-analyst average estimate of $10.10 million. The reported number represents a year-over-year change of -31%.
- Revenue- Subscription Services: $107.60 million versus the two-analyst average estimate of $104.07 million. The reported number represents a year-over-year change of -30.2%.
View all Key Company Metrics for Chegg here>>>Shares of Chegg have returned +43.7% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.