earnings beatNYSE:CHGG

Chegg (CHGG) Beats Q3 Earnings Estimates by $0.04

Chegg (NYSE:CHGG) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.

Nov 3, 2026Written bySmartInvestorsDaily Markets TeamReviewed byEditorial TeamSource: finnhub

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At publication · Nov 3, 2026

What changed

Chegg (NYSE:CHGG) · earnings beat

Quarter: Q3
EPS estimate to actual: -$0.09 to -$0.05
Revenue estimate to actual: $43.5M to $46.5M

At a glance

Key takeaways

Chegg reported Q3 EPS of -$0.05, beating estimates of -$0.09 by $0.04 per share on November 3, 2026.
Revenue reached $46.5M, exceeding the $43.5M estimate, representing a 44% beat relative to consensus.

Earnings Results

Chegg (NYSE:CHGG) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.

The Consumer Defensive company reported earnings per share of $-0.05, beating the consensus estimate of $-0.09 by $0.04 per share. Revenue came in at $46.5M, beating the estimate of $43.5M.

Company Overview

Chegg's stock moved following the earnings release. The stock currently trades at $0.71 with a market capitalization of $105.9M.

Chegg's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.

The 44% beat relative to consensus estimates is a notable deviation. Earnings surprises of this magnitude often trigger analyst revisions and can influence institutional positioning in the weeks following the report.

Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Chegg should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.

Chegg Earnings History

Quarter	EPS Actual	EPS Est.	Surprise
Q3 (Nov 2026)	$-0.05	$-0.09	+44.4%
Q2 (Aug 2026)	$-0.02	$-0.05	+60.0%
Q1 (May 2026)	$0.03	$-0.03	+200.0%
Q4 (Feb 2026)	$-0.01	$-0.13	+92.3%

Related Tools: Earnings Calendar | View CHGG Stock Page

Frequently Asked Questions

When does Chegg report earnings?

Check the latest earnings dates on our CHGG earnings page or the Earnings Calendar.

Did CHGG beat earnings estimates?

See the full Q3 results including EPS actual vs estimate on our CHGG earnings page.