CBIZ Inc CBZ.N reported a quarterly adjusted loss of 20 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of three analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -29 cents to -20 cents per share.
Revenue rose 40.5% to $460.28 million from a year ago; analysts expected $406.60 million.
CBIZ Inc's reported EPS for the quarter was a loss of $1.53.
The company reported a quarterly loss of $90.72 million.
CBIZ Inc shares had risen by 4.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.6% 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 "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 also "strong buy"
Wall Street's median 12-month price target for CBIZ Inc is $97.00
This summary was machine generated from LSEG data February 26 at 02:31 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 2024 | -0.24 | -0.20 | Beat |
Sep. 30 2024 | 0.76 | 0.84 | Beat |
Jun. 30 2024 | 0.68 | 0.39 | Missed |
Mar. 31 2024 | 1.50 | 1.53 | Beat |
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