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

CBIZ

27/07/2023 15:51

* CBIZ Inc  CBZ.N  reported quarterly adjusted earnings of
53
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue rose 10.1% to $398.50 million from a year ago;
analysts
expected $392.37 million. 
    * CBIZ Inc's reported EPS for the quarter was 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * CBIZ Inc shares had risen by 0.4% this quarter and
gained 14.2%
so far this year.
    * The company reported quarterly net income of $26.86
million.
    * Wall Street's median 12-month price target for CBIZ Inc is
$57.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.66           0.53           Missed
 Mar. 31 2023      1.25           1.44           Beat
 Dec. 31 2022      -0.21          -0.23          Missed
 Sep. 30 2022      0.45           0.51           Beat