Earnings Recap – November 1st
Chegg reported third-quarter earnings in line with Wall Street expectations. The American education technology company reported quarterly earnings of $0.20 per share, in line with analysts’ expectations. In addition, the company posted revenue of $171.9 million vs. analysts’ expectations of $174.5 million.
Clorox beat both earnings and revenue expectations. The company reported adjusted earnings of $1.21 per share vs. analysts’ expectations of $1.03 per share. Revenue was $1.81 billion vs. analysts’ expectations of $1.70 billion. CEO Linda Rendle said Clorox remains on track to meet its fiscal 2022 projections.
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