* Chegg Inc is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending January 1 0001

* The Santa Clara California-based company is expected to report a 15.0% decrease in revenue to $134.118 million from $157.85 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on August 5 2024, for the period ended September 30, was for revenue between $133.00 million and $135.00 million.

* ​LSEG's mean analyst estimate for Chegg Inc is for earnings of 8 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Chegg Inc is 3.00​, above​ its last closing price of $1.72. ​​​

The company's guidance on August 5 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD133 million and USD21 million.The company's guidance on August 5 2024 for the period ended September 30 was for gross profit margin between USD67% and USD68%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.22 0.22 0.24 Beat 7.1

Jan. 1 0001 0.24 0.36 0.26 Missed 4.8

Dec. 31 2023 0.37 0.36 0.36 Met -0.9​

Jan. 1 0001 0.18 0.17 0.18 Beat 3.4

​​Jun. 0.29 0.29 0.28 Missed -2.3

30 2023

Mar. 31 2023 0.26 0.26 0.27 Beat 5.5​

Dec. 31 2022 0.39 0.38 0.40 Beat 5

Jan. 1 0001 0.15 0.14 0.21 Beat 54.3

This summary was machine generated November 8 at 21:41 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)