Izea Worldwide (NASDAQ:IZEA) Issues Earnings Results

Izea Worldwide (NASDAQ:IZEA) posted its earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.07), FiscalAI reports. Izea Worldwide had a negative return on equity of 5.10% and a negative net margin of 9.36%. The firm had revenue of $6.20 million for the quarter, compared to analyst estimates of $9.50 million.

Izea Worldwide Trading Down 1.8%

NASDAQ:IZEA traded down $0.04 during midday trading on Thursday, hitting $2.19. 44,692 shares of the company were exchanged, compared to its average volume of 55,990. The company has a fifty day simple moving average of $2.49 and a 200 day simple moving average of $3.35. Izea Worldwide has a fifty-two week low of $2.13 and a fifty-two week high of $5.50. The company has a market capitalization of $37.89 million, a PE ratio of -15.64 and a beta of 1.19.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Izea Worldwide in a research report on Monday, August 31st. Two research analysts have rated the stock with a Sell rating. According to data from MarketBeat.com, Izea Worldwide presently has a consensus rating of “Sell”.

Izea Worldwide Company Profile

IZEA Worldwide, Inc. (NASDAQ: IZEA) is a marketing technology company that operates in the creator economy. The company helps brands and agencies develop and execute influencer marketing campaigns by connecting them with creators, including social media influencers, bloggers, and other digital content producers. IZEA provides both technology-enabled and managed services. Its offerings support creator discovery, campaign planning, content development, workflow management, payments, and performance measurement.