Cbiz Inc Expected To Post Earnings Of 60 Cents A Share: Earnings Preview

CBIZ

24/10/2023 17:20

* CBIZ Inc  CBZ.N   CBZ  is expected to show a rise in
quarterly
revenue when it reports  results on October 26. 
    * The Cleveland Ohio-based  company is expected to report  a
8.9% increase in revenue to $395.531 million from $363.26
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CBIZ Inc is for
earnings
of 60 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CBIZ Inc is
$57.5​, above​ its last closing price of $51.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  -0.22       -0.21      -0.23     Missed  -7.8​
 Sep. 30 2022  0.44        0.45       0.51      Beat    14.2
 ​​Jun.        0.49        0.49       0.60      Beat    21.6
 30 2022                                                
 Mar. 31 2022  1.03        1.00       1.10      Beat    10​
 Dec. 31 2021  -0.09       -0.09      -0.19     Missed  -100
 Sep. 30 2021  0.29        0.29       0.41      Beat    43
 This summary was machine generated October 24 at 16:20 GMT.  All
figures in US dollars  unless otherwise stated