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Middle-Market CEOs Sound Alarm on Tariff Impacts and Tax Policy Uncertainty
Prnewswire· 2025-01-08 12:01
53% of CEOs Fear Tariffs' Financial Impact, Prompting Price Increases, Workforce Reductions and Delayed Investments CLEVELAND, Jan. 8, 2025 /PRNewswire/ -- The latest CBIZ-Hofstra University CEO Survey highlights pressing concerns for middle-market CEOs as they navigate the dual challenges of proposed tariffs and uncertainty surrounding U.S. tax policies. The survey sheds light on how these factors are shaping business strategies in a shifting economic environment.Tariff Concerns Force Strategic Adjustments ...
Recent Price Trend in CBIZ (CBZ) is Your Friend, Here's Why
ZACKS· 2024-12-18 14:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...
CBIZ APPOINTS BRAD LAKHIA AS NEXT CHIEF FINANCIAL OFFICER
Prnewswire· 2024-12-03 13:09
Lakhia will succeed Ware H. Grove, who is retiring after 24 yearsCLEVELAND, Dec. 3, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ), a leading national professional services advisor, announced today that Brad Lakhia will become its next Senior Vice President and Chief Financial Officer (CFO), succeeding Ware H. Grove who plans to retire after a successful 24-year tenure in the role. As part of a planned transition, Lakhia will assume the CFO role and join the CBIZ senior team on March 17, 2025. Brad Lakhia ...
CBIZ (CBZ) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-11-25 14:52
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...
CBIZ(CBZ) - 2024 Q3 - Quarterly Report
2024-11-07 20:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 Par Value CBZ New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...
3 Reasons Growth Investors Will Love CBIZ (CBZ)
ZACKS· 2024-11-01 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...
CBIZ COMPLETES ACQUISITION OF MARCUM
Prnewswire· 2024-11-01 12:45
EXPECTED COMBINED ANNUALIZED REVENUE OF ~$2.8BCLEVELAND, Nov. 1, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) (the "Company"), a leading national professional services advisor, today announced it has completed the acquisition of the non-attest business of Marcum LLP ("Marcum"), with expected combined annualized revenue of approximately $2.8 billion. The transaction makes CBIZ the largest full-service professional services advisor of its kind in the U.S. providing accounting, tax, advisory, benefits, insuranc ...
CBIZ(CBZ) - 2024 Q3 - Earnings Call Presentation
2024-10-29 21:01
ACCOUNTING | INSURANCE | ADVISORY Third Quarter 2024 Investor Presentation October 29, 2024 Except certain related non-recurring legal and professional services costs incurred, this presentation does not include the impact of the announced acquisition of Marcum, LLP ("Marcum") that is expected to close in the fourth quarter, subject to the satisfaction of various closing conditions. CBIZ.COM | NYSE: CBZ Forward-Looking Statements Forward-looking statements in this presentation are made pursuant to the safe ...
CBIZ(CBZ) - 2024 Q3 - Earnings Call Transcript
2024-10-29 21:01
CBIZ, Inc. (NYSE:CBZ) Q3 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Lori Novickis - Director, Corporate Relations Jerome Grisko - President & CEO Ware Grove - SVP & CFO Conference Call Participants Andrew Nicholas - William Blair Christopher Moore - CJS Securities Marc Riddick - Sidoti Operator Good morning, everyone, and welcome to the CBIZ Third Quarter and Nine Months 2024 Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] ...
CBIZ(CBZ) - 2024 Q3 - Quarterly Results
2024-10-29 13:56
Exhibit 99.1 NYSE CBZ bi X @ b FOR IMMEDIATE RELEASE CONTACT: Ware Grove Chief Financial Officer -or-Lori Novickis Director, Corporate Relations -or-Amy McGahan Director of Corporate & Strategic Communications CBIZ, Inc. Cleveland, Ohio (216) 447-9000 CBIZ REPORTS THIRD-QUARTER AND NINE-MONTH 2024 RESULTS THIRD-QUARTER HIGHLIGHTS: • TOTAL REVENUE OF $438.9 MILLION, UP 6.9%; SAME-UNIT REVENUE UP 5.1% • NET INCOME UP 4.2%; ADJUSTED EBITDA UP 23.0% • GAAP EPS UP 4.5%; ADJUSTED EPS UP 27.3% NINE-MONTH HIGHLIGHT ...