Core Viewpoint - CBIZ reported quarterly earnings of $2.29 per share, exceeding the Zacks Consensus Estimate of $2.13 per share, and showing a significant increase from $1.54 per share a year ago, indicating strong performance despite missing revenue expectations [1][2]. Financial Performance - The company achieved revenues of $838.01 million for the quarter ended March 2025, which was 2.78% below the Zacks Consensus Estimate, but up from $494.3 million year-over-year [2]. - Over the last four quarters, CBIZ has surpassed consensus EPS estimates three times and topped revenue estimates twice [2]. Stock Performance - CBIZ shares have declined approximately 5.6% since the beginning of the year, while the S&P 500 has seen a decline of 8.6% [3]. - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for outperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $728 million, and for the current fiscal year, it is $3.63 on revenues of $2.93 billion [7]. - The trend of estimate revisions for CBIZ has been favorable leading up to the earnings release, which may influence future stock movements [6][5]. Industry Context - The Consulting Services industry, to which CBIZ belongs, is currently ranked in the top 9% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8].
CBIZ (CBZ) Surpasses Q1 Earnings Estimates