3 Things You'll Want to Know When Chegg Announces Earnings

Chegg (NYSE: CHGG), the leading provider of an online direct-to-student platform that helps students receive additional help with their courses 24/7, reports earnings on Oct. 26. Management is expecting to deliver fantastic numbers as the company benefited from college courses moving online at an increasing rate, thanks to the COVID-19 pandemic.

The rising number of coronavirus cases led cities and states to issue stay-at-home orders in March, and in most parts of the U.S., this coincided with the spring semester in colleges and universities. As a result, schools shifted the remainder of the semester from in-person learning to remote learning, and that move was immensely beneficial to Chegg. Here are three crucial metrics to keep an eye on when the Santa Clara, California-based company announces its third quarter results.

Subscriber growth is surging for Chegg. Image source: Getty Images.

Source Fool.com