Cbiz Inc Reports Results For The Quarter Ended In December: Earnings Summary

CBIZ

15/02/2024 14:33

* CBIZ Inc  CBZ.N  reported a quarterly adjusted loss of 26
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -23
cents.  The mean expectation of three analysts for the quarter
was for a loss of 27 cents per share. 
    * Revenue rose 11% to $327.55 million from a year ago;
analysts
expected $309.02 million. 
    * CBIZ Inc's reported EPS for the quarter was a loss of 26
cents​.
    * The company reported a quarterly loss of $12.74 million.
    * CBIZ Inc shares had risen by 3.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for CBIZ Inc is
$60.00 
This summary was machine generated from LSEG data February 15 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.27          -0.26          Beat
 Sep. 30 2023      0.60           0.67           Beat
 Jun. 30 2023      0.66           0.53           Missed
 Mar. 31 2023      1.25           1.44           Beat