The Latest Breaking News from CHGG

Within the last quarter, Chegg (NYSE:CHGG) has observed the following analyst ratings:

KeyBanc analyst Jason Celino downgraded Chegg Inc (NYSE:CHGG) to Sector Weight from Overweight. Celino said he observed a downtick in growth trends in the company’s credit/debit transactions. Though international prospects seem bright, powered by localization catalysts, Celino believes that consistent growth in the U.S. is needed to warrant further multiple re-rating at current levels.…

Chegg (NYSE:CHGG) reported its Q4 earnings results on Monday, February 7, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Chegg beat estimated earnings by 22.58%, reporting an EPS of $0.38 versus an estimate of $0.31.

Someone with a lot of money to spend has taken a bearish stance on Chegg (NYSE:CHGG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Chegg (NYSE:CHGG) has outperformed the market over the past 5 years by 16.42% on an annualized basis.

Chegg (NYSE:CHGG) is set to give its latest quarterly earnings report on Monday, 2022-02-07. Here's what investors need to know before the announcement. Analysts estimate that Chegg will likely report an Earnings Per Share (EPS) of $0.31.