Chegg (CHGG) Tops Q4 EPS by 7c, Offers Guidance

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Chegg (CHGG) PT Raised to $35 at BMO Capital

February 8, 2022 6:36 AM EST

BMO Capital analyst Jeffrey Silber raised the price target on Chegg (NYSE: CHGG) to $35.00 while maintaining a Market Perform rating following results.

The analyst commented, "CHGG beat 4Q21 expectations (albeit over a lowered bar) as trends improved in the later half of the quarter.... More

Chegg (CHGG) Shares Up 8% on Q4 Beat and Raise

February 7, 2022 5:25 PM EST

Chegg (NYSE: CHGG) shares were trading 8% higher after-hours following the companys Q4 results, with EPS coming in at $0.38, beating the Street estimate of $0.31. Revenue grew 1% year-over-year to $207.5 million, compared to the consensus estimate of $195.2 million. Services revenue increased 6% year-over-year to $187.2 million, representing 90% of... More