CBIZ

CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. on October 17, 1996 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

CBIZ reports stellar Q4 results, eyes growth through acquisitions

CBIZ's Q4 2022 earnings call highlighted robust financial performance, strategic acquisitions, and positive growth outlook for 2023.
The company's focus on client retention, market expertise, and digital initiatives positions them well for future success.
While challenges exist in a competitive market, CBIZ's opportunities for expansion and profitability are notable.

CBIZ (CBZ) reports robust Q1 performance and optimistic full-year outlook

CBIZ (CBZ) delivers strong Q1 results, driven by revenue growth in key divisions. Challenges include labor constraints and market exposure, but opportunities lie in M&A and revenue strategies.

CBIZ reports strong Q2 performance, raises full-year revenue guidance

CBIZ delivered strong Q2 results with revenue growth across divisions and raised full-year guidance.
Challenges in Government Health Care consulting and tax business in California impacted earnings.
Opportunities lie in addressing challenges, optimizing revenue streams, and strategic growth focus.
Overall, CBIZ remains committed to growth targets and expresses confidence in future performance.

CBIZ reports robust Q3 performance, eyes growth through acquisitions

CBIZ delivered strong financial performance in Q3 2023, showcasing growth and resilience across its key business segments. Despite challenges with market shifts and capital losses, the company remains focused on margin improvement and strategic acquisitions for future growth.

CBIZ reports robust Q4 performance, eyes growth amid challenges

CBIZ delivered impressive financial results in Q4 2023, driven by revenue growth, acquisitions, and strong performance across divisions.
While facing challenges such as market uncertainties and operational complexities, CBIZ remains well-positioned to leverage opportunities for growth and innovation.
Investors can look forward to continued value creation as CBIZ maintains financial stability, pursues strategic acquisitions, and navigates industry dynamics.

CBIZ (CBZ) reports robust Q1 performance and strategic growth initiatives

CBIZ (CBZ) delivered a strong performance in Q1 2024, driven by revenue growth and strategic acquisitions.
The company's strengths lie in higher margins in advisory services, optimism across industries, and ongoing investments.
Challenges include managing interest expenses, M&A integration, and balancing investments for growth and profitability.
Opportunities for CBIZ (CBZ) include margin expansion, growth in client industries, and enhanced service offerings through acquisitions.

CBIZ reports revenue growth and strategic acquisition with Marcum

CBIZ's Q2 performance showed revenue growth and strategic acquisitions driving expansion.
While facing challenges in certain divisions, CBIZ's strong balance sheet and growth outlook remain positive.
The acquisition of Marcum presents significant revenue and client base expansion opportunities for CBIZ.

CBIZ reports robust Q3 results, eyes market leadership with Marcum acquisition

CBIZ delivered strong financial performance in Q3 2024, with revenue and earnings growth surpassing expectations.
While facing challenges related to external uncertainties, the company's strategic strengths and growth initiatives position it well for future opportunities.
By focusing on acquisitions, client relationships, and operational efficiency, CBIZ aims to sustain its growth trajectory and enhance shareholder value.

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CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. in 1987 and is headquartered in Independence, OH.

CBIZ (CBZ) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love CBIZ (CBZ)

EXPECTED COMBINED ANNUALIZED REVENUE OF ~$2.8B CLEVELAND , 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, insurance, and technology services, primarily to middle-market businesses.

CBIZ COMPLETES ACQUISITION OF MARCUM

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.

CBIZ, Inc. (CBZ) Q3 2024 Earnings Call Transcript

CBIZ (CBZ) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.66 per share a year ago.

CBIZ (CBZ) Beats Q3 Earnings and Revenue Estimates

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 HIGHLIGHTS: TOTAL REVENUE OF $1.4 BILLION UP 7.1%; SAME-UNIT REVENUE UP 4.6% NET INCOME DOWN 1.5%; ADJUSTED EBITDA UP 7.0% GAAP EPS DOWN 0.8%; ADJUSTED EPS UP 7.5% CLEVELAND , Oct. 29, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the third quarter and nine months ended September 30, 2024. For the 2024 third quarter, CBIZ recorded revenue of $438.9 million, an increase of $28.3 million, or 6.9%, compared with $410.5 million reported for the same period in 2023.

CBIZ REPORTS THIRD-QUARTER AND NINE-MONTH 2024 RESULTS

CLEVELAND--(BUSINESS WIRE)---- $CBZ--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Fall 2024 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). The index revealed that companies are facing growing staffing challenges, as rising business costs and economic conditions are prompting potential layoffs. Fifty-one percent of SMB owners surveyed say they are evaluating or changing current staff l.

In Unsettled Economy, Small and Mid-Sized Businesses Struggle with Staffing as Inflation Pressures and Rising Health Care Costs Persist

CLEVELAND , Oct. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) (the "Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the third quarter ended September 30, 2024, before markets open on Tuesday, October 29, 2024. 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 Ware Grove at 11 a.m.

CBIZ TO ANNOUNCE THIRD-QUARTER RESULTS ON OCTOBER 29, 2024

ARC Document Solutions

NEW YORK, NY / ACCESSWIRE / September 20, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: ARC Document Solutions, Inc. (NYSE: ARC ), relating to its proposed merger with TechPrint Holdings, LLC.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Mergers of ARC and CBZ

NEW YORK, NY / ACCESSWIRE / September 19, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating CBIZ, Inc. (NYSE: CBZ ), relating to its proposed merger with Marcum, LLP.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of CBIZ, Inc. - CBZ

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating CBIZ , Inc. ( NYSE : CBZ ), relating to its proposed merger with Marcum, LLP. Under the terms of the agreement, it is anticipated that approximately half of the transaction consideration will be paid in cash, and the remainder in shares of CBIZ stock.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of CBIZ, Inc. – CBZ

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating CBIZ, Inc. (NYSE: CBZ) on behalf of the company's shareholders. Since July 2024, shares of CBIZ's stock have declined in value from a trading price of over $85.00 per share to a current trading price of less than $68.00 per share, a decline of $17.00 per share, or 20% in value. The investigation seeks to determine whether CBIZ and/or the company's officers and directors violated the securities laws or breached the.

Kaskela Law LLC Announces Shareholder Investigation of CBIZ, Inc. (NYSE: CBZ) and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of CBIZ, Inc. (NYSE: CBZ) and the non-attest business of Marcum, LLP is fair to CBIZ shareholders. The proposed cash-and-stock transaction is valued at approximately $2.3 billion. It is expected that approximately half of the proposed transaction consideration will be paid in cash and the remainder shares of CBIZ common stock. Halper Sadeh encourages CBIZ shareholders to click here to l.

CBZ Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of CBIZ, Inc. is Fair to Shareholders

CBIZ has shown a 10-year upward trajectory with a 736.88% increase in share price. A recent dip in the share price following earnings misses presents a buying opportunity for long-term investors. Acquisition of Marcum LLP expected to boost revenue and earnings in 2025, leading to potential for further share price growth.

CBIZ Acquisition Of Marcum Points To Big Earnings Gains Next Year

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Donna Mirandola as its next Chief Marketing Officer, effective August 26, 2024, following a national search. She replaces Mark Waxman, who retired from the position at the end of 2023. Mirandola brings 24 years of diversified B2B marketing and communications experience across technology, industrials and diversified professional services.

CBIZ, Inc. Appoints Donna Mirandola Chief Marketing Officer

CBIZ, Inc. (NYSE:CBZ ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lori Novickis - Director-Corporate Relations Jerry Grisko - President & Chief Executive Officer Ware Grove - Senior Vice President & Chief Financial Officer Chris Spurio - President, Financial Services division Conference Call Participants Chris Moore - CJS Securities Andrew Nicholas - William Blair Marc Riddick - Sidoti Operator Good morning, and welcome to the CBIZ Second Quarter and First Half 2024 Results and the Marcum Acquisition Conference Call. All participants will be in a listen-only mode.

CBIZ, Inc. (CBZ) Q2 2024 Earnings Call Transcript

CBIZ (CBZ) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.55 per share a year ago.

CBIZ (CBZ) Lags Q2 Earnings and Revenue Estimates

CBZ STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of CBIZ, Inc. Is Fair to Shareholders

In a significant development within the US accounting industry, CBiz, America's only publicly traded accountancy firm, has announced its acquisition of Marcum, a prominent player that audits more US-listed companies than any firm outside the Big Four. The deal, valued at $2.

CBiz to acquire Marcum in $2.3-billion deal, forming seventh-largest US accounting firm

SECOND-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 5.4%; SAME-UNIT REVENUE UP 2.8% GAAP EPS DOWN 26.4%; ADJUSTED EPS DOWN 9.1%; INCLUDES MARCUM ACQUISITION-RELATED EXPENSE OF $6.7M NET INCOME DOWN 26.3%; ADJUSTED EBITDA DOWN 6.9% SIX-MONTH HIGHLIGHTS: TOTAL REVENUE UP 7.2%; SAME-UNIT REVENUE UP 4.4% GAAP EPS DOWN 3.0%; ADJUSTED EPS UP 1.5%; INCLUDES MARCUM ACQUISITION-RELATED EXPENSE OF $6.7M NET INCOME DOWN 3.3%; ADJUSTED EBITDA UP 1.0% CLEVELAND , July 31, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the second quarter and six months ended June 30, 2024. In a separate press release issued today, CBIZ also announced it has entered into a definitive agreement to acquire Marcum LLP ("Marcum"), a national accounting and advisory firm.

CBIZ REPORTS SECOND-QUARTER AND FIRST-HALF 2024 RESULTS AND ANNOUNCES AGREEMENT TO ACQUIRE MARCUM

UPON CLOSING: CBIZ COMBINED ANNUAL REVENUE WILL BE ~$2.8B WILL SOLIDIFY CBIZ'S POSITION AS LEADING PROVIDER OF PROFESSIONAL ADVISORY SERVICES OF ITS KIND CBIZ WILL BECOME THE SEVENTH-LARGEST ACCOUNTING SERVICES PROVIDER IN THE U.S. CLEVELAND , July 31, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading national provider of financial, insurance and advisory services, today announced that it has entered into a definitive agreement to acquire the non-attest business of Marcum, LLP ("Marcum"), which will make CBIZ the seventh-largest accounting services provider in the U.S. with approximately $2.8 billion in annual revenue. Concurrent with the closing of this transaction, the attest business of Marcum will be acquired by Mayer Hoffman McCann P.C.

CBIZ TO ACQUIRE MARCUM

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the CBIZ Main Street Index — Summer 2024, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs). While the Index found a notable sense of confidence for SMBs, labor challenges remain the top concern. About two-thirds (62.4%) say having an adequate number of skilled workers is their biggest concern, up 16% from January 2024. To address.

Economic Confidence Among Small to Mid-Sized Businesses Remains High, but Cracks Begin to Show

CLEVELAND , July 22, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the second quarter ended June 30, 2024, before markets open on Wednesday, July 31, 2024. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m.

CBIZ TO ANNOUNCE SECOND-QUARTER AND FIRST-HALF 2024 RESULTS ON JULY 31, 2024

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ) today announced the launch of CBIZ D@taNEXUS, a comprehensive suite of data analytics and automation services which helps clients transform complex, multi-source information into actionable insights, empowering business leaders to make smarter decisions faster. Through CBIZ D@taNEXUS, CBIZ combines its deep knowledge of its clients and their industries with innovative data solutions which helps CFOs, management, audit committees and business de.

CBIZ Launches D@taNEXUS: Empowering Business Leaders With Advanced Data Analytics and Automation

Investors need to pay close attention to CBIZ (CBZ) stock based on the movements in the options market lately.

Is The Options Market Predicting a Spike In CBIZ (CBZ) Stock?

CBIZ, Inc. (NYSE:CBZ ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Lori Novickis - Director of Corporate Relations Jerry Grisko - President & Chief Executive Officer Ware Grove - Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Andrew Nicholas - William Blair Marc Riddick - Sidoti Operator Good day and welcome to the CBIZ First Quarter 2024 Results Conference Call. All participants will be in a listen-only mode.

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