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

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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) Tops Q4 EPS by 7c, Offers Guidance

February 7, 2022 4:07 PM EST

Chegg (NYSE: CHGG) reported Q4 EPS of $0.38, $0.07 better than the analyst estimate of $0.31. Revenue for the quarter came in at $207.5 million versus the consensus estimate of $195.2 million.

GUIDANCE:

Chegg sees FY2022 revenue of $830-850 million, versus the consensus of $826.9... More