IZEA Worldwide Q2 EPS $(0.07) Beats $(0.16) Estimate, Sales $10.70M Beat $8.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
IZEA Worldwide reported Q2 earnings per share of $(0.07), beating the analyst consensus estimate of $(0.16) by 56.25%. The company also reported quarterly sales of $10.70 million, surpassing the analyst consensus estimate of $8.50 million by 25.88%. However, this represents a 14.92% decrease compared to the same period last year.
August 14, 2023 | 9:08 pm
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NEUTRAL IMPACT
IZEA's Q2 earnings and sales beat analyst estimates, but sales are down 14.92% compared to the same period last year.
While IZEA beat analyst estimates for Q2 earnings and sales, the decrease in sales compared to the same period last year could potentially offset the positive impact of the earnings beat. This could result in a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100