IZEA Worldwide Q1 2024 GAAP EPS $(0.20) Down From $(0.18) YoY, Sales $6.953M Miss $9.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
IZEA Worldwide reported a Q1 2024 GAAP EPS of $(0.20), down from $(0.18) YoY, and sales of $6.953M, missing the $9.000M estimate.
May 15, 2024 | 9:07 pm
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NEGATIVE IMPACT
IZEA Worldwide reported a Q1 2024 GAAP EPS of $(0.20), a decrease from $(0.18) YoY, and sales of $6.953M, missing the $9.000M estimate by 22.74%. This indicates a significant underperformance in both earnings and revenue.
The reported EPS and sales figures indicate a significant underperformance compared to both the previous year and analyst estimates. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100