CBIZ Q4 revenue misses estimates

CBIZ

25/02/2026 21:51

Overview

Professional services advisor's Q4 revenue missed analyst expectations

Full-year revenue rose 52% to $2.8 bln, driven by acquisitions

Company authorized repurchase of an additional 5 mln shares in February

Outlook

CBIZ expects 2026 revenue growth of 2% to 5%

Company projects 2026 adjusted EPS of $3.75 to $3.85

CBIZ forecasts 2026 free cash flow of $270 mln to $290 mln

Result Drivers

ACQUISITION IMPACT - Revenue and EPS growth attributed to Marcum integration and acquisition

STRATEGIC INITIATIVES - Offshoring and AI investments transformed cost structure

Company press release: ID:nGNXbqTLgR

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$542.66 mln
$578.03 mln (3 Analysts)
Q4 Adjusted EPS
Miss
-$0.70
-$0.66 (3 Analysts)
Q4 Net Income
-$79.42 mln
Q4 Adjusted EBITDA
-$28.70 mln
Q4 Operating Expenses
$593.41 mln
Q4 Operating Income
-$85.16 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for CBIZ Inc is $67.50, about 143% above its February 24 closing price of $27.78

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)