CBIZ (CBZ) Scheduled to Post Quarterly Earnings on Thursday

CBIZ (NYSE:CBZ) will be issuing its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $1.57 per share for the quarter. CBIZ has set its FY24 guidance at $2.70-$2.75 EPS.Parties interested in participating in the company’s conference call can do so using this link.

CBIZ (NYSE:CBZ) last released its quarterly earnings results on Thursday, February 15th. The business services provider reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.01. The firm had revenue of $327.50 million for the quarter, compared to analyst estimates of $308.87 million. CBIZ had a net margin of 7.60% and a return on equity of 15.49%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.21) earnings per share. On average, analysts expect CBIZ to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CBIZ Price Performance

NYSE:CBZ opened at $76.03 on Tuesday. The firm has a market cap of $3.81 billion, a PE ratio of 31.95 and a beta of 0.83. CBIZ has a 12 month low of $49.13 and a 12 month high of $79.55. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $75.05 and its two-hundred day moving average price is $64.75.

Wall Street Analysts Forecast Growth

Separately, Sidoti lowered shares of CBIZ from a “buy” rating to a “neutral” rating and set a $63.00 target price on the stock. in a research report on Tuesday, January 2nd.

About CBIZ

CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.