CBIZ(CBZ)

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CBIZ(CBZ) - 2025 Q2 - Quarterly Report
2025-07-31 13:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to ________ Commission File Number 1-32961 CBIZ, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporatio ...
CBIZ (CBZ) Surpasses Q2 Earnings Estimates
ZACKS· 2025-07-30 23:06
Group 1: Earnings Performance - CBIZ reported quarterly earnings of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.84 per share, and up from $0.50 per share a year ago, representing an earnings surprise of +13.10% [1] - Over the last four quarters, CBIZ has surpassed consensus EPS estimates four times [2] - The company posted revenues of $683.5 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.73%, compared to year-ago revenues of $420.01 million [2] Group 2: Stock Performance and Outlook - CBIZ shares have declined approximately 7.5% since the beginning of the year, while the S&P 500 has gained 8.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.99 on revenues of $732 million, and for the current fiscal year, it is $3.62 on revenues of $2.85 billion [7] Group 3: Industry Context - The Consulting Services industry, to which CBIZ belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact CBIZ's stock performance [5][6]
CBIZ(CBZ) - 2025 Q2 - Earnings Call Transcript
2025-07-30 22:02
CBIZ (CBZ) Q2 2025 Earnings Call July 30, 2025 05:00 PM ET Company ParticipantsLori Novickis - Director of Corporate RelationsJerry Grisko - President & CEOBrad Lakhia - SVP & CFOChristopher Moore - Director & CEOConference Call ParticipantsAndrew Nicholas - Research Analyst - Global ServicesMarc Riddick - Senior Equity AnalystOperatorGood day, and welcome to the CBIZ Second Quarter twenty twenty five Results Conference Call. All participants will be in listen only mode. By pressing the star key followed by ...
CBIZ(CBZ) - 2025 Q2 - Earnings Call Transcript
2025-07-30 22:00
CBIZ (CBZ) Q2 2025 Earnings Call July 30, 2025 05:00 PM ET Speaker0Good day, and welcome to the CBIZ Second Quarter twenty twenty five Results Conference Call. All participants will be in listen only mode. By pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on a touch tone phone.To withdraw your question, please press star then 2. Please note this event is being recorded. I would now like to turn t ...
CBIZ(CBZ) - 2025 Q2 - Earnings Call Presentation
2025-07-30 21:00
Investor Presentation SECOND QUARTER 2025 July 30, 2025 CBIZ.COM | NYSE: CBZ Forward-Looking Statements 2 Non-GAAP Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we also present Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share ("EPS"), and Adjusted EBITDA, which are non-GAAP measures. These non-GAAP measures are adjusted to exclude the impact of the Transaction, integration costs, amortization of acquired intangible asse ...
CBIZ(CBZ) - 2025 Q2 - Quarterly Results
2025-07-30 20:10
CBIZ REPORTS SECOND-QUARTER 2025 RESULTS Exhibit 99.1 SECOND-QUARTER HIGHLIGHTS: FOR IMMEDIATE RELEASE SIX-MONTH HIGHLIGHTS: CLEVELAND (July 30, 2025) – CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading national professional services advisor, today announced results for the second quarter ended June 30, 2025. "We're pleased to deliver strong earnings in the second quarter and year-to-date demonstrating the strength and resilience of our business model amidst challenging market conditions," said J ...
CBIZ to Announce Second-Quarter and First-Half 2025 Results on July 30, 2025
Globenewswire· 2025-07-16 12:45
CLEVELAND, July 16, 2025 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ) (the “Company”), a leading national professional services advisor, will announce its financial results for the second-quarter and first-half periods ended June 30, 2025, after markets close on Wednesday, July 30, 2025. A conference call to discuss the Company’s financial results will be hosted by CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Brad Lakhia at 5 p.m. (ET) on Wednesday, July 30, 2025. The co ...
CBIZ: Price Per Share Appreciation Will Continue - Strong Buy
Seeking Alpha· 2025-07-15 15:02
PART 1: I first began my examination of CBIZ, Inc. (NYSE: CBZ ) in February 2025, only to set it aside for later, further examination. At that time, I was considering a strong buy recommendation. I completed this article in mid-July 2025, six months later, as noted below, andFull name for licenses is Anthony Joseph ("A.J.") Cataldo II, PhD, CPA. Retired university accounting professor, CMA, CGMA and author of 10 books and 200+ articles and columns in 50+ different journals and outlets, with experience as CF ...
3 Resilient Consulting Stocks to Consider Amid Industry Woes
ZACKS· 2025-06-27 17:46
Industry Overview - The Consulting Services industry is facing challenges due to ongoing geopolitical tensions, tariff uncertainties, and fears of an economic slowdown through 2026, leading to budget cuts and delayed decision-making [1][5] - Despite these challenges, strong demand for AI-driven transformation and corporate cost optimization efforts are providing some resilience [1] - The industry is expected to continue its exponential growth beyond 2025, building on momentum from the post-2008 financial crisis [3] Economic Conditions - Recent economic activity has slowed, with GDP declining at an annual rate of 0.5% in Q1 2025, following a 2.4% increase in Q4 2024 [5] - The services sector contracted for the first time since June 2024, with the ISM Services PMI dropping to 49.9, indicating cautious corporate spending [5] Industry Performance - The Consulting Services industry has underperformed compared to the S&P 500 and the broader sector, losing 8.3% over the past year while the S&P 500 gained 11.3% [9] - The industry currently has a Zacks Industry Rank of 165, placing it in the bottom 32% of 244 Zacks industries, indicating a challenging outlook [6] Valuation Metrics - The industry is trading at a forward 12-month price-to-earnings (P/E) ratio of 24.51X, higher than the S&P 500's 22.13X and the sector's 21.94X [12] Key Companies Stantec Inc. (STN) - Stantec provides professional services in infrastructure and facilities, benefiting from strong macroeconomic drivers and effective internal strategies [16][17] - The Zacks Consensus Estimate for Stantec's 2025 EPS is $3.86, reflecting a nearly 1% increase in the past 30 days [18] CBIZ, Inc. (CBZ) - CBIZ is a major provider of financial, insurance, and advisory services for middle-market businesses, entering a strong growth phase due to strategic expansion [21][22] - The Zacks Consensus Estimate for CBIZ's 2025 EPS is $3.62, remaining unchanged in the past 30 days [23] Charles River Associates (CRAI) - CRAI offers economic, financial, and management consulting services, focusing on high-quality analytical and strategic consulting across diverse industries [26][27] - The Zacks Consensus Estimate for CRAI's 2025 EPS is $8, unchanged in the past 30 days [29]
InMed Appoints CBIZ as New Auditor in Connection with CBIZ's Acquisition of Marcum's Attest Business, Provides Update on Special Meeting and Makes Modifications to Existing SEPA
Newsfile· 2025-06-13 20:30
Core Points - InMed Pharmaceuticals has appointed CBIZ as its new auditor following the resignation of Marcum LLP due to CBIZ's acquisition of Marcum's attest business, effective June 12, 2025 [1][2] - The resignation of Marcum was not due to any disagreements regarding InMed's financial statements, and previous audit reports did not contain adverse opinions [2] - A special meeting of shareholders was held but no business was conducted due to lack of quorum, resulting in no vote on the proposed issuance of 20% or more of the Company's common shares [3] - InMed has amended its Standby Equity Purchase Agreement (SEPA) with Yorkville, allowing for a temporary suspension of the use of its existing registration statement during a "Black Out Period" [4][5] - During any Black Out Period, Yorkville is prohibited from selling shares under the registration statement, but may sell through other legal exemptions [5][6] Company Overview - InMed Pharmaceuticals focuses on developing proprietary small molecule drug candidates targeting diseases with high unmet medical needs, including Alzheimer's and dermatological conditions [8]