Advisory firm CBIZ Q1 adjusted EPS rises 7.3%

CBIZ

29/04/2026 21:52

Overview

U.S. professional services advisor's Q1 revenue up 1.3%, a slight miss vs analyst expectations

Adjusted EPS for Q1 rose 7.3%, beating analyst estimates

Company repurchased ~2 mln shares for ~$63 mln and raised full-year adjusted EPS outlook

Outlook

CBIZ raises 2026 adjusted EBITDA outlook to $465 mln-$475 mln from $450 mln-$460 mln

Company increases 2026 adjusted diluted EPS outlook to $4.00-$4.10 from $3.75-$3.85

CBIZ maintains 2026 revenue outlook at $2.8 bln-$2.9 bln, representing 2%-5% growth

Result Drivers

ORGANIC GROWTH - Co said organic growth improved throughout the qtr and was up sequentially compared to Q4

SHARE REPURCHASES - Adjusted EPS outlook raised to reflect impact of share repurchases through end of April

OPERATIONAL SYNERGIES - Co said it is on track to realize $12 mln in additional operational synergies in 2026 from integration milestones

Company press release: ID:nGNX62gQKh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$848.58 mln
$852.15 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$2.50
$2.20 (5 Analysts)
Q1 Net Income
$161.61 mln
Q1 Adjusted EBITDA
$244.34 mln
Q1 Operating Expenses
$622.56 mln
Q1 Operating Income
$196.45 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for CBIZ Inc is $36.50, about 12.4% above its April 28 closing price of $32.48

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)