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

• IZEA Worldwide Inc IZEA.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The lone analyst forecast for the quarter was for earnings of 2 cents per share.

• Revenue rose 0.4% to $9.13 million from a year ago; analysts expected $9.50 million.

• IZEA Worldwide Inc shares had risen by 46.3% this quarter and gained 35.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 114.3% 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 "buy."

• Wall Street's median 12-month price target for IZEA Worldwide Inc is $10.00, about 62.7% above its last closing price of $3.73

This summary was machine generated from LSEG data August 12 at 08:30 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)