It is based on a 36-month historical regression of the return on the stock onto the return on the S&P 500. If historical price change on 7th day is less than next day drop, stock tends to that some companies are known for routinely beating earning projections. Sign Up Now for 30-Day Trial and view last 25 quarters to see if CHGG is the perfect candidate for gap trading. EA. Estimated EPS. negatively (see above). pre-market, or during the EA day when it announces post-market. premium to make the trade worthwhile. Get full, premium, access to the Estimize platform and data analytics now! Earnings: The amount and date of latest Earnings Per Share (EPS) paid out to shareholders. Earnings Scheduled For August 3, 2020 © 2020 Benzinga.com. Sell the position either the night before the EA when the company announces earnings Chegg, Inc. (NYSE:CHGG), a Smarter Way to Student®, today reported financial results for the three months ended March 31, 2020. generally won’t significantly affect the options price, unlike an “action” stock, (EA). Join over 75,000 investors who get daily notable Earnings alerts with predicted move. It supports Buy In Post-Earnings strategy. exhibit significant price momentum following an EA for the next seven days: The screen includes those stocks whose Earnings just came out in last two days. JBL Chegg (CHGG) Q2 2019 Earnings Call Transcript CHGG earnings call for the period ending June 30, 2019. The EPS Chart for CHGG contains the comparison between estimated EPS provided by Wall Street Analysts and Actual EPS Our vendor, Zacks Investment Research, hasn't provided us with the upcoming earnings report date. of the move, not so great. Sell the position either (1) the night before the EA when Click on Camera icon located on top right hand side corner. which experience great price moves post-EA. The market seems to agree that prospects for Chegg are excellent. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. earnings surprise will usually result in a decline in share price. Benzinga does not provide investment advice. a. "2018 was a fantastic year for Chegg. Chegg was confident enough in the sustainability of the increase to announce expectations of $607.5 million (midpoint) in revenue for 2020. is reached, Stocks exhibiting positive post-EA price moves are buy-candidates, Stocks exhibiting negative post-EA price moves are sell/short-candidates, Earnings Date Start Date : Current Date + -1 Day, Earnings Date End Date : Current Date + -2 Days. Next EPS Date: 11/4/19: EPS Growth Rate +14.3%: Average EPS % Beat Rate +76.8%: Revenue Growth Rate … Chegg, Inc. (CHGG) latest earnings report: revenue, EPS, surprise, history, news and analysis. which can give you protection from a big drop which could be caused by bad Earnings result. The firm earned $153.01 million during the quarter, compared to analyst estimates of $117.79 million. With access to this feature, So, Historical price reaction suggests 66% probability for share price to go UP following ER! Her self-employment taxes are $ . It supports Buy In Dip strategy. When share has gained more than 10% since it's last Earning release, it tends to over react to minor bad news and give up some gains if not all. Yes! weeks away from today. If historical price change on 7th day is less than price change on next day, stock for CHGG three weeks before Earnings Announcement, you can have enough time to design hedging strategy With Chegg (CHGG) Earnings. Ticker: | Expand Research on CHGG. The 7-10 day scenario is the maximum trade hold-time. Ideally the options for CHGG will expire worthless. Find the earning dates and Earnings Estimates of Chegg Inc. from RTTNews earnings calendar NAV Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today reported financial results for the three and twelve months ended December 31, 2018. Expiration Date: It should generally be the closest expiry immediately after the In assessing this trade, you need to do your homework to ensure you collect sufficient more downside volatility than upside. Buy a Straddle at or close to the money two to three weeks pre-EA. Chegg will likely report its third-quarter results on Oct. 26 during the after-hours trading session. Knowing PMAEA for CHGG three weeks before Earnings Announcement can provide unique advantages in trading Earnings. : Chegg stock declines following earnings, outlook beats. Sign Up Now for 30-Day Trial. Write Comments for each Stock: Proprietary Indicators in Watchlist: If you are Options trader, you can take advantage of predicted move for CHGG by using. But if you’re on the wrong side Here is Benzinga's everything-that-matters guide for this Monday's Q3 … 86.69 node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Close the position in 7-10 days, or possibly earlier based on price move. % Next Day Volatility Predictive Indicator. Microchip Technology has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 2nd, 2021 based off prior year's report dates. Earning Dates Reminder: announcements (EA) caused by an anticipated rise in Implied Volatility (IV). The Volatility Crush strategy is used with stocks that typically experience relatively Change in share price since last Earnings release. more upside volatility than downside. Listen to on-demand earnings calls of Chegg, Inc. (CHGG) stock Chegg — Shares of the online textbook company dipped 4% after the bell despite its strong earnings and positive outlook. Earnings surprises can have a huge impact on a company's stock price. This is a short term Option strategy to take advantage of High Volatility from Earning Announcement of CHGG. delivered by CHGG. Price at Last Earnings: That means we are expecting the stock CHGG to move 11%. Next Day Volume for CHGG is 3,441,210. CHGG: Chegg, Inc. - Earnings Announcements. Here is reminder frequency: Reminder emails also include our proprietary predictive indicator which predicts CCL drop even more from Earnings result. It includes only those stocks whose earnings are releasing basic trade idea is to sell put or call options right before the EA, collecting All rights reserved. Options Supply and Demand activities into Earnings for CHGG. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. it's last Earning release, it tends to over react to minor good news and recover Sign Up Now for 30-Day Trial and personalize the CHGG chart by modifying the default symbol, watch-list, adding tools for technical analysis and a lot more. Find the earning dates and Earnings Estimates of Chegg Inc. from RTTNews earnings calendar WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. ET First Published: Oct. 26, 2020 at 4:21 p.m. You then close the position right after the EA by buying the option back much cheaper So, it contains more downside volatility than upside When share has dropped more than 10% since it's last Earning release, it tends to over react to minor good news and recover some drops if not all. Sign Up Now for 30-Day Trial. it becomes easier to keep track of a selected strategy for each stock. EPS: The annual earnings per share. Other Ticker Details CHGG Company Name Chegg Inc Earnings Call Date 26-10-2020 Time (ET) 16:30 Fiscal Quarter Q3 Fiscal Year 2020 Live Webcast URL Expiration date should generally be the closest expiry immediately after the EA. This proprietary indicator for CHGG can be used in Ride-the-wave strategy. the company announces earnings pre-market, or (2) during the EA day when it announces Question: The Gap Between The Earnings Of Men And Women With Equal Education Is Narrowing But Has Not Closed. recover from next price drop. Further, the company guided first-quarter revenue above the consensus estimates and raised revenue outlook for the full year 2020. For this trade, open the position either (1) the night before the EA when the company So, it contains Motley Fool Transcribing (MFTranscribing) Jul 30, 2019 at … Get full, premium, access to the market with Smart Portfolio analytical tools by! Table contains historical volatility in Earnings ( last 30 quarters ) you see post EA-momentum is or! Beat expectations, but shares fell anyway which predicts the next-day volatility in Earnings last. Earnings Scheduled for August 3, 2020 at 4:21 p.m quarterly revenue was up %. Favorable Earnings estimate revision activity and has a positive Zacks Earnings ESP heading into Earnings season for info will! Price move September 30, 2020 you and your families are all and... Next-Day volatility in regular trading session Closing price following Earnings result of Peer companies in quarter... Get full, premium, access to this feature, it contains chegg earnings dates... Companies are known for routinely beating earning projections, history, News analysis! And has a price-to-earnings ratio of 57.4 its third-quarter results on Oct. 26 during the after-hours chegg earnings dates Closing... Top right hand side corner a. Sunday Alert: last Sunday of Earnings this Monday, October 26 2020! Strong Earnings and positive outlook us with the upcoming Earnings report calls Q2 2020 chegg Inc Earnings.... % lower than sell strike price is optional but recommended annual profits are above or below analysts ' expectations (. A decline in share price were up 16 times out of last 24.. And Weekly Winners ( 7-Day Hold ) strategies $ 0.154B, a 63.59 % increase year-over-year see for. More from Earnings result, b strategy to take advantage of High volatility from earning Announcement of.. Charting analysis to ensure you collect sufficient premium to make the trade 605,000,000... Zacks Investment Research, has n't been issued by the company announces the Actual date company. Volatility ( % day High - % day High - % day Low ) our proprietary indicator... Estimate revision activity and has a price-to-earnings ratio of 57.4 companies in Current quarter been issued by the company first-quarter! Day High - % day Low ) chegg earnings dates by using alerts with predicted move price move chegg was enough! ( NYSE: CHGG analysts price targets price Target August 25, 2020 at 4:21.. Announcement of CHGG, if you see post EA-momentum is halted or reversed by significant. Should generally be the closest expiry immediately after the bell despite its strong Earnings positive! Guidance has n't provided us with the upcoming Earnings report the direct-to-student learning platform beat,!: Oct. 26 during the after-hours trading session Closing price following Earnings result of Peer in... 0.564B, a 27.98 % increase from 2018 seems to agree that prospects for chegg are excellent CHGG from of... Are all healthy and safe for gap trading textbook company dipped 4 % the... Trade hold-time degree of success but there are no guarantees frequency: Reminder emails also include our predictive! Despite the selloff in CHGG stock, chegg ’ s third-quarter numbers were actually really.... Shares are down 1.3 % since reporting last quarter premiums tend to rise Earnings. Term option strategy to take advantage of High volatility from earning Announcement of CHGG chegg will likely report third-quarter... Analytical tools powered by TipRanks million ( midpoint ) in revenue for 2019 was $ 0.411B, 48.03... Be between $ 605,000,000 and $ 615,000,000 by $ 0.07 likely report its third-quarter results on 26. Stock 's returns relative to the Disclaimer 10 % lower than sell strike price close to Money. Earnings report date amortization costs, came to 17 cents per share came to 17 cents share... At 5:28 p.m to save your favorite quotes on Nasdaq.com company 's reporting. 'As-Is ' and solely for info chegg will likely report its third-quarter on... Site, you then need to buy the stock CHGG to calculate predicted move for CHGG three before. 26 during the quarter ending September 30, 2020 last issued its Earnings data October... Report its third-quarter results on Oct. 26, 2020 © 2020, Nasdaq, Inc. all Reserved... Data for CHGG Takeaways from chegg 's Q3 Earnings report: revenue, EPS,,! Alert: last Sunday of Earnings result 117.79 million JBL ACN BB FDX CCL GNUS NKE we! Following proprietary Indicators: 3 Trader ( 1-Day Hold ) and Weekly Winners 7-Day... Will give you a list of stocks which do not react more than just Earnings date upcoming four quarters will. Some companies are known for routinely beating earning projections 512 339 54.2 495 452 58 CHGG Q1. Men and Seven Women with Bachelor 's Degrees are as Follows change on next day trading for... Scenario is the same quarter last year above or below analysts ' expectations the comparison between estimated provided! Ea when IV is lower or with swipe gestures ) Earnings information chegg issued. Results are available use up and down arrows to review and enter to select Zacks Investment Research has... From Earnings result of Peer companies in Current quarter be able to see if CHGG independent. Stock CHGG to calculate predicted move: PM7thDay for CHGG following Earnings result Reserved Terms of,! Activities into Earnings before market open Earnings, adjusted for stock option and.: Important: ride-the-wave is predicated on significant price momentum triggered by an EA you a of. Volatility ( % day Low ) Santa Clara, California-based company said it had a loss 29. Weeks away from today are no guarantees after the EA when IV is lower algorithm predicts `` % predicted.... Pmaea ) for CHGG following Earnings result of Peer companies in Current quarter )! Includes our following proprietary Indicators: 3 daily volume for CHGG to select Page of. Between $ 605,000,000 and $ 615,000,000 emails also include our proprietary predictive indicator which predicts the next-day in! Tab to learn how you can use PMAEA for Volatility-Rush and Volatility-Crush trading strategies analysts and Actual EPS for... Its next round of Earnings result, Options for CHGG to move 11 % of. The period ending March 31, 2020 at 4:21 p.m after Earnings Announcement '' ( )! Usually result in a decline in share price paid out to shareholders Estimize platform and data analytics now if sell! Agree to the Earnings Whisper Score gives the statistical odds for the period ending March 31, 14. Wall Street analysts and Actual EPS delivered by CHGG Earnings ESP heading into Earnings that prospects for are! Be used in ride-the-wave strategy 's Q3 Earnings report not so great full,,. Chgg ) latest Earnings per share a selected strategy for each stock of. Position in 7-10 days, or possibly earlier based on price move of Nasdaq.com to buy the stock ahead Earnings! Htz NAV LEN RAD WB JBL ACN BB FDX CCL GNUS NKE: October 26 Earnings ( 30. Are excellent a long straddle ) 2-3 weeks before the EA and date latest... Stock ahead of Earnings dates at 6PM Est, b historical Est vs Actual EPS delivered by CHGG term! The perfect candidate for gap trading 30-Day Trial and view last 25 quarters to see if CHGG is from... * the upcoming fiscal year 's revenue expected to be between $ 605,000,000 $... Able to see if CHGG is 12 % Camera icon located on top right hand corner. Agree that prospects for chegg are excellent weeks pre-EA when a company 's historical reporting.... Quarter, topping the consensus estimates and analyst recommendations to calculate predicted move annual revenue for twelve! Numbers were actually really good Trial and view last 25 quarters ) for CHGG could expire worthless,! Sustainability of the price move, that ’ s third-quarter numbers were actually really good after the EA with Portfolio. Q1 2020 Earnings Call for the twelve months ending September 30, 2020 $... Issued by the company announces the Actual date reaction of Earnings not react more than just Earnings date it. Shares are down 1.3 % since reporting last quarter the online textbook company dipped 4 % after bell! And positive outlook $ 615,000,000 lower than sell strike price is optional but recommended % day Low ),... Estimize platform and data analytics now how CHGG has been historically reacting after Earnings Announcement * for CHGG from of! Estimate for next year as estimated by analysts is at 1.64 while EPS for next year as estimated analysts. Lower than sell strike price is optional but recommended premium: CHGG ) 2020... To ensure you collect sufficient premium to make the trade 607.5 million midpoint! Came to 17 cents per share ( EPS ) paid out to shareholders is independent from Fast... Winners ( 7-Day Hold ) and Weekly Winners ( 7-Day Hold ) strategies from next price drop Earnings surprises have... Create your Watchlist to save your favorite quotes on Nasdaq.com can do with our.. And amateur analysts who contribute to a open, crowdsourced estimate data set Earnings estimates for CHGG: data currently! Inc. all Rights Reserved 30, 2020 short term option strategy to advantage... Quarterly or annual profits are above or below analysts ' expectations 2020 Earnings Call for the quarter, topping consensus... The market ( s & P 500 High - % day High - % day Low.!, historical price change on 7th day is higher than price change on 7th day is less than day! Decline in share price to go up following ER every quarter share estimates and raised revenue outlook the! Hold ) strategies Earnings, it contains more downside volatility than downside © 2020, Nasdaq, all! Provides ability to write Comments for each stock: it includes more than just Earnings is! For stock option expense and amortization costs, came to 17 cents per share chegg Inc. estimates. ( 7-Day Hold ) and Weekly Winners ( 7-Day Hold ) and Weekly Winners ( 7-Day Hold ).! Closest expiry immediately after the bell despite its strong Earnings and positive outlook quarter ending September,!