Chegg Past Earnings Performance
Past criteria checks 0/6
Chegg's earnings have been declining at an average annual rate of -33.4%, while the Consumer Services industry saw earnings growing at 24.2% annually. Revenues have been growing at an average rate of 8.1% per year.
Key information
-33.4%
Earnings growth rate
-39.8%
EPS growth rate
Consumer Services Industry Growth | 20.3% |
Revenue growth rate | 8.1% |
Return on equity | -444.0% |
Net Margin | -124.0% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Chegg Stock: Crisis Mode Opportunity
Nov 19Chegg Is Now A Deep Value Candidate, Following 98% Price Implosion
Oct 01Why Investors Shouldn't Be Surprised By Chegg, Inc.'s (NYSE:CHGG) 29% Share Price Plunge
Sep 26Chegg: AI Turnaround In The Works
Aug 06Is Chegg (NYSE:CHGG) A Risky Investment?
Jul 24Chegg, Inc. (NYSE:CHGG) Looks Inexpensive After Falling 38% But Perhaps Not Attractive Enough
Jun 19Should You Investigate Chegg, Inc. (NYSE:CHGG) At US$3.04?
Jun 14Chegg: Stay Conservative Until It Reports Positive Subscriber Growth
May 15Falling Behind: Chegg's Strategic Blunders In The AI Race
Apr 23Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Apr 05The Steep Learning Curve Chegg Is Trying To Climb
Feb 06Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now
Jan 19Chegg's Cheap Valuation Is Deceiving
Nov 01When Should You Buy Chegg, Inc. (NYSE:CHGG)?
Oct 31Chegg, Inc: Concerning Business Outlook And Uncertain AI Prospects
Oct 05Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Sep 21You Ask Chegg Answers: Potential Top AI Investment
Sep 08Surprise Surprise! Chegg Becomes A Generative AI Play
Aug 08At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jul 28Chegg: New Personalized AI Tutor For College Could Be Killer App
Jun 29Is Chegg (NYSE:CHGG) A Risky Investment?
Jun 22Chegg: AI Loser Could Turn Into Big Winner
Jun 14Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price
May 20Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%
May 05Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?
Apr 18Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Mar 05Chegg enters $150M accelerated share repurchase agreement
Feb 24Chegg Q4 2022 Earnings Preview
Feb 05At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jan 12An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued
Dec 05Revenue & Expenses Breakdown
How Chegg makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 662 | -821 | 305 | 172 |
30 Jun 24 | 683 | -627 | 322 | 178 |
31 Mar 24 | 703 | 15 | 342 | 188 |
31 Dec 23 | 716 | 18 | 352 | 190 |
30 Sep 23 | 734 | 10 | 374 | 191 |
30 Jun 23 | 740 | 280 | 370 | 190 |
31 Mar 23 | 752 | 263 | 365 | 191 |
31 Dec 22 | 767 | 267 | 359 | 197 |
30 Sep 22 | 769 | 289 | 333 | 198 |
30 Jun 22 | 776 | 44 | 309 | 196 |
31 Mar 22 | 780 | 69 | 284 | 185 |
31 Dec 21 | 776 | -1 | 264 | 179 |
30 Sep 21 | 775 | 0 | 236 | 178 |
30 Jun 21 | 757 | -44 | 240 | 179 |
31 Mar 21 | 711 | -66 | 226 | 177 |
31 Dec 20 | 644 | -6 | 211 | 171 |
30 Sep 20 | 564 | -24 | 202 | 163 |
30 Jun 20 | 504 | 2 | 177 | 155 |
31 Mar 20 | 445 | -11 | 164 | 147 |
31 Dec 19 | 411 | -10 | 160 | 140 |
30 Sep 19 | 381 | -12 | 149 | 135 |
30 Jun 19 | 361 | -15 | 144 | 127 |
31 Mar 19 | 342 | -17 | 140 | 121 |
31 Dec 18 | 321 | -15 | 131 | 114 |
30 Sep 18 | 299 | -17 | 128 | 104 |
30 Jun 18 | 287 | -14 | 124 | 94 |
31 Mar 18 | 269 | -16 | 117 | 88 |
31 Dec 17 | 255 | -20 | 115 | 82 |
30 Sep 17 | 245 | -25 | 113 | 76 |
30 Jun 17 | 253 | -30 | 111 | 73 |
31 Mar 17 | 250 | -33 | 112 | 69 |
31 Dec 16 | 254 | -42 | 108 | 66 |
30 Sep 16 | 259 | -37 | 106 | 64 |
30 Jun 16 | 269 | -45 | 105 | 63 |
31 Mar 16 | 283 | -46 | 103 | 60 |
31 Dec 15 | 301 | -59 | 109 | 59 |
30 Sep 15 | 318 | -61 | 113 | 57 |
30 Jun 15 | 318 | -69 | 119 | 55 |
31 Mar 15 | 315 | -68 | 120 | 54 |
31 Dec 14 | 305 | -65 | 112 | 49 |
30 Sep 14 | 298 | -174 | 118 | 50 |
30 Jun 14 | 278 | -171 | 104 | 46 |
31 Mar 14 | 269 | -166 | 95 | 44 |
31 Dec 13 | 256 | -158 | 91 | 42 |
Quality Earnings: CHGG is currently unprofitable.
Growing Profit Margin: CHGG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CHGG is unprofitable, and losses have increased over the past 5 years at a rate of 33.4% per year.
Accelerating Growth: Unable to compare CHGG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CHGG is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (34.8%).
Return on Equity
High ROE: CHGG has a negative Return on Equity (-443.98%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/26 01:04 |
End of Day Share Price | 2024/12/26 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chegg, Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Gary Prestopino | Barrington Research Associates, Inc. |
Alexander Paris | Barrington Research Associates, Inc. |
Brett Knoblauch | Berenberg |