Chegg Reports Strong Q3 2020 Financial Results and Raises Full Year 2020 Guidance

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Chegg (CHGG) PT Raised to $96 at Raymond James Following Q3 Beat

October 27, 2020 7:23 AM EDT

Raymond James analyst Aaron Kessler raised the price target on Chegg (NYSE: CHGG) to $96.00 (from $93.00) while maintaining an Outperform rating following results.

The analyst commented, "Chegg reported 3Q20 results ahead of our/consensus expectations, driven by upside in both Chegg Services as well... More

Chegg (CHGG) Tops Q3 EPS by 7c, Revs Beat; Guides Higher

October 26, 2020 4:08 PM EDT

Chegg (NYSE: CHGG) reported Q3 EPS of $0.17, $0.07 better than the analyst estimate of $0.10. Revenue for the quarter came in at $154 million versus the consensus estimate of $143.68 million.

GUIDANCE:

Chegg sees Q4 2020 revenue of $188-190 million, versus the consensus of $183.2... More