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

CBIZ

27/04/2023 14:32

* CBIZ Inc  CBZ.N  reported quarterly adjusted earnings of
$1.44​​
per share for the quarter ended in March. The mean expectation
of three analysts for the quarter was for earnings of $1.25 per
share.
    * Revenue rose 16.1% to $454.61 million from a year ago;
analysts
expected $432.66 million. 
    * CBIZ Inc's reported EPS for the quarter was $1.44​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
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 3.4% this quarter and
gained 9.2%
so far this year.
    * The company reported quarterly net income of $73.16
million.
    * Wall Street's median 12-month price target for CBIZ Inc is
$56.50 
    * 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
April 27 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.49           0.60           Beat