Cbiz Inc Expected To Post Earnings Of $1.50 A Share: Earnings Preview

CBIZ

23/04/2024 14:04

* CBIZ Inc  CBZ.N   CBZ  is expected to show a rise in
quarterly
revenue when it reports  results on April 25 for the period
ending March 31 2024
    * The Independence Ohio-based  company is expected to report
a
8.0% increase in revenue to $490.877 million from $454.61
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CBIZ Inc is for earnings
of
$1.50 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months. ​
    * Wall Street's median 12-month price target for CBIZ Inc is
$72.00​, below​ its last closing price of $76.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.27       -0.27      -0.26     Beat    3.7
 Sep. 30 2023  0.60        0.60       0.67      Beat    12.6
 Jun. 30 2023  0.66        0.66       0.53      Missed  -19.1​
 Mar. 31 2023  1.27        1.25       1.44      Beat    15.5
 ​​Dec.        -0.22       -0.21      -0.23     Missed  -7.8
 31 2022                                                
 Sep. 30 2022  0.44        0.45       0.51      Beat    14.2​
 Jun. 30 2022  0.49        0.49       0.60      Beat    21.6
 Mar. 31 2022  1.03        1.00       1.10      Beat    10
 This summary was machine generated April 23 at 13:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)