Chegg (CHGG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Chegg reported a revenue of $121.39 million for the quarter ended March 2025, reflecting a year-over-year decline of 30.4% [1] - The earnings per share (EPS) was -$ 0.06, a significant drop from $0.26 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of$ 114.49 million by 6.03%, while the EPS fell short of the consensus estimate of - $0.01 by 500% [1] Financial Performance Metrics - Chegg Services subscribers totaled 3.2 million, slightly below the estimated 3.22 million [4] - Revenue from Skills and Other was reported at$ 14 million, surpassing the average estimate of $10.10 million, but showing a year-over-year decline of 31% [4] - Subscription Services revenue was$ 107.60 million, exceeding the average estimate of $104.07 million, with a year-over-year decrease of 30.2% [4] Stock Performance - Chegg's stock has returned +43.7% over the past month, significantly outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]