Izea Worldwide Inc Reports Results For The Quarter Ended In June: Earnings Summary

IZEA Worldwide

15/08/2023 24:10

* IZEA Worldwide Inc  IZEA.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 16 cents per
share.
    * Revenue fell 15% to $10.69 million from a year ago;
analysts
expected $8.50 million. 
    * IZEA Worldwide Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 300%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * IZEA Worldwide Inc shares had fallen by 9.1% this
quarter and
gained 1.3% so far this year.
    * The company reported a quarterly loss of $1.03 million.
    * Wall Street's median 12-month price target for IZEA
Worldwide
Inc is $11.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 11:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.16          -0.07          Beat
 Mar. 31 2023      -0.08          -0.16          Missed
 Dec. 31 2022      -0.08          -0.04          Beat
 Sep. 30 2022      -0.04          -0.04          Met