CBIZ (CBZ) Set to Announce Quarterly Earnings on Thursday

CBIZ (NYSE:CBZ) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect CBIZ to post earnings of $1.57 per share for the quarter. CBIZ has set its FY24 guidance at $2.70-$2.75 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

CBIZ (NYSE:CBZ) last posted its earnings results on Thursday, February 15th. The business services provider reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.01. The company had revenue of $327.50 million for the quarter, compared to the consensus estimate of $308.87 million. CBIZ had a return on equity of 15.49% and a net margin of 7.60%. CBIZ’s quarterly revenue 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 Stock Up 2.7 %

CBZ opened at $78.09 on Wednesday. The business’s fifty day moving average is $75.34 and its two-hundred day moving average is $64.92. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 32.81 and a beta of 0.83. CBIZ has a one year low of $49.13 and a one year high of $79.55.

Analysts Set New Price Targets

Separately, Sidoti downgraded 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.

CBIZ Company Profile

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.