Chegg Q2 Adj. EPS $(0.02) Beats $(0.05) Estimate, Sales $51.849M Beat $49.496M Estimate
Chegg (NYSE:CHGG) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.05) by 60 percent. This is a 120 percent decrease over earnings of $0.10 per share from the same period
Chegg lost less money than people expected this quarter, and made more sales than predicted too. When a company does better than expected, it can show things might be getting better, even if they're still losing money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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