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

IZEA Worldwide

15/05/2024 22:22

* IZEA Worldwide Inc  IZEA.OQ  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of -16 cents.  The lone analyst forecast for the quarter was
for a loss of 7 cents per share. 
    * Revenue fell 20.4% to $6.95 million from a year ago;
analysts
expected $9.00 million. 
    * IZEA Worldwide Inc shares had risen by 48.1% this
quarter and
gained 70.1% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the online
services
peer group is also "strong buy"

Wall Street's median 12-month price target for IZEA Worldwide
Inc is $8.75 
This summary was machine generated from LSEG data May 15 at
09:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.07          -0.20          Missed
 Dec. 31 2023      -0.07          -0.09          Missed
 Sep. 30 2023      -0.07          -0.13          Missed
 Jun. 30 2023      -0.16          -0.07          Beat