IZEA Worldwide Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-15

* IZEA Worldwide Inc 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

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