Brief: CBIZ Q2 Adjusted EPS USD 0.95

CBIZ

30/07/2025 21:05

Overview

CBIZ Q2 revenue rises 62.7% yr/yr, misses analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, rising 63.8%, per LSEG data

Company's growth driven by Marcum acquisition and strong client retention

Outlook

CBIZ expects 2025 revenue between $2.8 bln and $2.95 bln

Company anticipates effective tax rate of approximately 29%

CBIZ forecasts 2025 GAAP EPS of $1.97 to $2.02

Company projects adjusted EPS of $3.60 to $3.65 for 2025

CBIZ sees 2025 adjusted EBITDA between $450 mln and $456 mln

Result Drivers

MARCUM ACQUISITION - Revenue growth attributed to Marcum acquisition, enhancing service offerings and client base

CLIENT RETENTION - Strong client retention contributed to increased revenue and earnings

COST MANAGEMENT - Disciplined cost management supported improved profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$683.50 mln
$701.40 mln (3 Analysts)
Q2 Adjusted EPS
Beat
$0.95
$0.84 (3 Analysts)
Q2 Net Income
$41.94 mln
Q2 Adjusted EBITDA
$117.15 mln
Q2 Operating Expenses
$595.59 mln
Q2 Operating Income
$60.27 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 $95.00, about 20.3% above its July 29 closing price of $75.72

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nGNX9nY4F9

(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.)