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Chegg Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St·02/26/2025 11:37:46
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Chegg (NYSE:CHGG) Full Year 2024 Results

Key Financial Results

  • Revenue: US$617.6m (down 14% from FY 2023).
  • Net loss: US$837.1m (down from US$18.2m profit in FY 2023).
  • US$8.10 loss per share (down from US$0.16 profit in FY 2023).
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NYSE:CHGG Earnings and Revenue Growth February 26th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Chegg EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%.

Looking ahead, revenue is expected to decline by 23% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 10.0%.

Performance of the American Consumer Services industry.

The company's shares are down 29% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Chegg.