Izea Worldwide Inc Reports Results For The Quarter Ended September 30: Earnings Summary

IZEA Worldwide

15/11/2024 14:04

* IZEA Worldwide Inc  IZEA.OQ  reported a quarterly adjusted
loss
of 28 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -13 cents.  The lone analyst forecast for the quarter was
for a loss of 11 cents per share. 
    * Revenue rose 11.9% to $8.83 million from a year ago;
analysts
expected $10.75 million. 
    * IZEA Worldwide Inc's reported EPS for the quarter was a
loss
of 52 cents​.
    * The company reported a quarterly loss of $8.77 million.
    * IZEA Worldwide Inc shares had risen by 4.0% this
quarter and
gained 42.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 122%
in the last three months.​ 
    * 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 November 15 at
02:04 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
 Sep. 30 2024      -0.11          -0.28          Missed
 Jun. 30 2024      -0.14          -0.13          Beat
 Mar. 31 2024      -0.07          -0.20          Missed
 Dec. 31 2023      -0.07          -0.09          Missed