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.

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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.

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q3 2023 Main Street Index, taking the pulse of and gauging the outlook for small and mid-sized businesses (SMBs) amid the current economic downturn. While most businesses expect the economy to continue its current downturn, additional data points to some concerns on Main Street, notably with cash flow and higher borrowing rates. While down seven p.

Cash Flow Concerns Rise as SMBs Brace for Economic Downturn

CBIZ, Inc. (NYSE:CBZ ) Q2 2023 Earnings Conference Call July 27, 2023 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 Andrew Nicholas - William Blair Chris Moore - CJS Securities Marc Riddick - Sidoti Operator Good day, and welcome to the CBIZ Second Quarter and First Half 2023 Results Conference Call. All participants will be in a listen-only mode.

CBIZ, Inc. (CBZ) Q2 2023 Earnings Call Transcript

CBIZ (CBZ) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.63 per share a year ago.

CBIZ (CBZ) Q2 Earnings and Revenues Lag Estimates

AND RAISES FULL-YEAR 2023 REVENUE GUIDANCE SECOND-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 10.1%; SAME-UNIT REVENUE UP 4.1% GAAP EPS DOWN 11.7%; ADJUSTED EPS DOWN 12.7% NET INCOME DOWN 14.1%; ADJUSTED EBITDA DOWN 2.3% FIRST-HALF HIGHLIGHTS: TOTAL REVENUE UP 13.2%; SAME-UNIT REVENUE UP 7.2% GAAP EPS UP 16.5%; ADJUSTED EPS UP 11.0% NET INCOME UP 11.9%; ADJUSTED EBITDA UP 12.9% CLEVELAND , July 27, 2023 /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 ended June 30, 2023. For the 2023 second quarter, CBIZ recorded revenue of $398.5 million, an increase of $36.6 million, or 10.1%, compared with $362.0 million reported for the same period in 2022.

CBIZ REPORTS SECOND-QUARTER AND FIRST-HALF 2023 RESULTS

CLEVELAND , July 12, 2023 /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, 2023, before markets open on Thursday, July 27, 2023. 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 2023 RESULTS ON JULY 27, 2023

CLEVELAND , July 5, 2023 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired American Pension Advisors, Ltd. ("APA") of Indianapolis, IN, effective July 1, 2023.

CBIZ ACQUIRES AMERICAN PENSION ADVISORS

Exponent

Franklin Covey

FTI Consulting

Huron Consulting Group

At this stage, several consulting services stocks look attractive for future growth. These are: HURN, EXPO, CBZ, FC, FCN.

Can Consulting Services Industry Maintain Pace in 2H 2023?

CBIZ (CBZ) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

CBIZ (CBZ) is on the Move, Here's Why the Trend Could be Sustainable

CLEVELAND , June 5, 2023 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired information security consulting firm, Pivot Point Security ("PPS"), of Hamilton, NJ, effective June 1, 2023. Founded in 2001, PPS helps small and middle market businesses navigate the complex challenges of information security and compliance.

CBIZ ACQUIRES INFORMATION SECURITY FIRM PIVOT POINT SECURITY

If you are looking for stocks that are well positioned to maintain their recent uptrend, CBIZ (CBZ) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Recent Price Trend in CBIZ (CBZ) is Your Friend, Here's Why

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the results of its Q2 2023 Main Street Index, taking the pulse of and gauging the outlook for small and midsize businesses (SMBs) amid the current economic downturn. The results show contractions in all facets of business sentiment, most notably revenue and access to credit. The responses brought the index's Business Confidence Study, a weighted average of SMB confi.

Confidence Among Small to Midsize Businesses Waning Amid Economic Downturn

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, names the winners of the third annual Women Transforming Business Award, which is powered by CBIZ's Women's Advantage (“CWA”). CBIZ honored the winners in all four categories at a virtual celebration on May 3, which featured keynote speaker Erica Dhawan, CEO of Cotential and thought leader on authentic communication and digital teamwork. “We are honored to showcase the achieveme.

CBIZ Announces Winners of the 2023 Women Transforming Business Awards

CBIZ (CBZ) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

CBIZ (CBZ) Is a Great Choice for 'Trend' Investors, Here's Why

CBIZ (CBZ) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why CBIZ (CBZ) is a Solid Choice

CBIZ, Inc. (NYSE:CBZ ) Q1 2023 Results Conference Call April 27, 2023 11:00 AM ET Company Participants Lori Novickis - Director of Corporate Relations Jerry Grisko - President and Chief Executive Officer Ware Grove - Chief Financial Officer Conference Call Participants Christopher Moore - CJS Securities Andrew Nicholas - William Blair Marc Riddick - Sidoti Operator Hello, and welcome to the CBIZ Q1 2023 Earnings Call [Operator Instructions]. Please note, this event is being recorded.

CBIZ, Inc. (CBZ) Q1 2023 Earnings Call Transcript

CBIZ (CBZ) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.18 per share a year ago.

CBIZ (CBZ) Beats Q1 Earnings and Revenue Estimates

FIRST-QUARTER HIGHLIGHTS:  TOTAL REVENUE UP 16.1%; SAME-UNIT REVENUE UP 10.0% GAAP EPS UP 30.9%; ADJUSTED EPS UP 23.7% NET INCOME UP 25.9%; ADJUSTED EBITDA UP 22.0% CLEVELAND , April 27, 2023 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the first quarter ended March 31, 2023. For the 2023 first quarter, CBIZ recorded revenue of $454.6 million, an increase of $62.9 million, or 16.1%, compared with $391.7 million reported for the same period in 2022.

CBIZ REPORTS FIRST-QUARTER 2023 RESULTS

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ) today announced that CBIZ Investment Advisory Services, LLC (“CBIZ IAS”) has been ranked third on Barron's Top 100 Institutional Consulting Teams list. This marks the fourth consecutive year CBIZ IAS has made the list and the 2023 ranking increased a position higher from its placement in 2022. The 2023 Top 100 Institutional Consulting Teams is an annual listing of the nation's top investment management teams that specialize in providing service.

CBIZ Investment Advisory Services Named #3 on Barron's List of Top 100 Institutional Consulting Teams

CLEVELAND , April 12, 2023 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first quarter ended March 31, 2023, before markets open on Thursday, April 27, 2023.

CBIZ TO ANNOUNCE FIRST-QUARTER 2023 RESULTS ON APRIL 27, 2023

Gartner

With service activities remaining healthy, the Zacks Consulting Services industry is poised to prosper. IT, CBZ and HURN are three stocks well-placed to ride the demand strength.

3 Stocks From the Booming Consulting Services Industry

CLEVELAND--(BUSINESS WIRE)---- $CBZ #employeebenefits--CBIZ (NYSE: CBZ), a leading national provider of insurance, financial and advisory services, released its inaugural 2023 State of Health Care survey that shows recruiting talent (67%) and retaining talent (64%) as top priorities for employers, trends driven by a hot job market despite concerns of a recession later this year. The State of Health Care survey includes responses from 869 businesses with at least 100 employees, spanning 41 states and 26 industries.

CBIZ Health Care Survey Shows Employers Prioritize Recruiting and Retaining Talent in Hot Job Market

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance and advisory services, has announced the finalists for its third annual Women Transforming Business Awards powered by CBIZ Women's Advantage (“CWA”). The awards honor leaders who have driven significant change within their organizations and communities in four distinct categories: financial strength, innovation, culture, and community impact.

CBIZ Names Finalists for Third Annual Women Transforming Business Awards

CBIZ, Inc. (NYSE:CBZ ) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Lori Novickis - Director, Corporate Relations Jerome Grisko - President, CEO & Director Ware Grove - SVP & CFO Conference Call Participants Christopher Moore - CJS Securities Andrew Nicholas - William Blair & Company Marc Riddick - Sidoti & Company Operator Good day, and welcome to the CBIZ Fourth Quarter 2022 Results Call. [Operator Instructions].

CBIZ, Inc. (CBZ) Q4 2022 Earnings Call Transcript

FOURTH-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 21.5%; SAME-UNIT REVENUE UP 10.1% FULL-YEAR HIGHLIGHTS: TOTAL REVENUE UP 27.8%; SAME-UNIT REVENUE UP 10.9% GAAP EPS UP 52.3%; ADJUSTED EPS UP 28.3% INCOME FROM CONTINUING OPERATIONS UP 48.6%; ADJUSTED EBITDA UP 28.1% 2023 OUTLOOK: TOTAL REVENUE UP 8% TO 10% GAAP EPS UP 15% TO 17%; $2.31 TO $2.36 ADJUSTED EPS UP 11% TO 13%; $2.36 TO $2.41 CLEVELAND , Feb. 16, 2023  /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced fourth-quarter and full-year results for the period ended December 31, 2022. For the 2022 fourth quarter, CBIZ recorded revenue of $295.0 million, an increase of $52.2 million, or 21.5%, compared with $242.8 million reported for the same period in 2021.

CBIZ REPORTS FOURTH-QUARTER AND FULL-YEAR 2022 RESULTS

CLEVELAND , Feb. 9, 2023 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading national provider of financial, insurance and advisory services, today announced the appointment of Rodney A. Young as independent director to the Company's Board of Directors, effective February 6, 2023.

News for CBIZ Stock (CBZ)