IZEA Worldwide (IZEA) to Release Quarterly Earnings on Tuesday

IZEA Worldwide (NASDAQ:IZEA) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 14th. Persons that wish to register for the company’s earnings conference call can do so using this link.

IZEA Worldwide (NASDAQ:IZEA) last posted its earnings results on Monday, August 14th. The company reported ($0.07) earnings per share for the quarter. IZEA Worldwide had a negative return on equity of 8.23% and a negative net margin of 14.50%. The business had revenue of $10.69 million during the quarter. On average, analysts expect IZEA Worldwide to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

IZEA Worldwide Price Performance

IZEA opened at $2.27 on Friday. IZEA Worldwide has a fifty-two week low of $1.86 and a fifty-two week high of $3.28. The firm has a market capitalization of $34.94 million, a PE ratio of -7.32 and a beta of 2.17. The company’s 50-day moving average is $2.19 and its 200 day moving average is $2.41.

Institutional Investors Weigh In On IZEA Worldwide

A number of institutional investors and hedge funds have recently made changes to their positions in IZEA. Citigroup Inc. purchased a new stake in IZEA Worldwide in the 1st quarter valued at about $108,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in IZEA Worldwide in the 3rd quarter valued at about $55,000. Renaissance Technologies LLC increased its stake in IZEA Worldwide by 54.9% in the 3rd quarter. Renaissance Technologies LLC now owns 108,100 shares of the company’s stock valued at $77,000 after buying an additional 38,300 shares during the last quarter. Finally, State Street Corp increased its stake in IZEA Worldwide by 7.8% in the 1st quarter. State Street Corp now owns 206,044 shares of the company’s stock valued at $342,000 after buying an additional 14,913 shares during the last quarter. Institutional investors and hedge funds own 8.68% of the company’s stock.

IZEA Worldwide Company Profile

IZEA Worldwide, Inc, together with its subsidiaries, creates and operates online marketplaces that connect marketers with content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company uses its platform to manage influencer marketing campaigns on behalf of the company's marketers.