Chegg Reports Second Quarter Results and Raises Guidance for 2020
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Chegg (CHGG) PT Raised to $91 at BMO Capital Following 2Q
August 4, 2020 6:54 AM EDTBMO Capital analyst Jeffrey Silber raised the price target on Chegg (NYSE: CHGG) to $91.00 (from $67.00) while maintaining a Market Perform rating following the company's 2Q report. CHGG reported adjusted EBITDA of $55.5 million well above the consensus $49.6 million estimate. The company finished the quarter with $983... More
Chegg (CHGG) Tops Q2 EPS by 5c, Revenues Beat; Guides Above
August 3, 2020 4:08 PM EDTChegg (NYSE: CHGG) reported Q2 EPS of $0.37, $0.05 better than the analyst estimate of $0.32. Revenue for the quarter came in at $0 versus the consensus estimate of $136.61 million.
GUIDANCE:
Chegg sees Q3 2020 revenue of $140-145 million, versus the consensus of $123.444... More
