Professional services CBIZ Q3 adjusted EPS beats estimates

CBIZ

29/10/2025 20:22

Overview

CBIZ Q3 revenue grows 58.1% but misses analyst expectations

Adjusted EPS for Q3 beats analyst estimates, indicating strong operational performance

Company sees improved growth due to better market conditions and Marcum acquisition synergies

Outlook

Company expects total revenue between $2.8 bln and $2.95 bln

Company anticipates adjusted EPS between $3.60 and $3.65

Company forecasts adjusted EBITDA between $450 mln and $456 mln

Result Drivers

MARCUM ACQUISITION - Co reports better-than-expected synergies from Marcum acquisition contributing to growth

MARKET CONDITIONS - Improved market conditions led to growth in non-recurring businesses

OPERATING EXPENSES - Higher operating expenses impacted net income despite revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$693.81 mln
$709.18 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$1.01
$0.89 (3 Analysts)
Q3 Net Income
$30.14 mln
Q3 Adjusted EBITDA
$120.02 mln
Q3 Operating Expenses
$603.68 mln
Q3 Operating Income
$58.86 mln


Analyst Coverage

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"

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 $95.00, about 45% above its October 28 closing price of $52.25

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX4hl2PH

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