Chegg Inc <CHGG.N> expected to post a loss of 2 cents a share - Earnings Preview

• Chegg Inc CHGG.N, CHGG.K is expected to show a fall in quarterly revenue when it reports results on August 5 for the period ending June 30 2025

• The Santa Clara California-based company is expected to report a 36.8% decrease in revenue to $103.124 million from $163.15 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on May 12 2025, for the period ended June 30, was for revenue between $100.00 million and $102.00 million.

• ​LSEG's mean analyst estimate for Chegg Inc is for a loss of 2 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

The company's guidance on May 12 2025 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD100 million and USD17 million.The company's guidance on May 12 2025 for the period ended June 30 was for gross profit margin between USD64% and USD65%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated August 1 at 20:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)