Against Popular Sentiment, Here's 1 Metric I'm Watching to Gauge Chegg's Investment Value
Chegg (NYSE: CHGG) is scheduled to report first-quarter 2022 earnings after the markets close on May 2. The education technology company, which primarily serves college students, thrived at the pandemic's onset when students were learning remotely.
As colleges began bringing students back on campus, the company struggled to maintain momentum. Interestingly, students taking courses on campus can still benefit from Chegg's services. Regardless of the short-term business fluctuation, here's one metric I will be watching when Chegg reports first-quarter earnings next week.
Image source: Getty Images.
Source Fool.com
