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CBIZ (CBZ)
NYSE:CBZ
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.69Last Year’s EPS
1.53Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -10.00%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The call reflects a broadly positive sentiment due to strong growth across major service lines, successful integration of Marcum, and optimistic outlook for 2025, despite some seasonal and departure-related challenges.Company Guidance
In the CBIZ fourth quarter and year-end 2024 results call, the company provided guidance for 2025, highlighting several key financial metrics. CBIZ expects total revenue to range between $2.9 billion and $2.95 billion, with growth largely driven by organic sources as they focus on integration activities following the acquisition of Marcum. The projected adjusted earnings per share (EPS) for 2025 is anticipated to be within $3.60 to $3.65, reflecting a 10% accretive impact compared to CBIZ's expected performance without the acquisition. Additionally, adjusted EBITDA for 2025 is estimated to be approximately $455 million. The company foresees revenue growth in the mid-single-digit range and expects non-cash amortization related to acquisitions to be around $75 million in 2025. The tax rate is projected to be approximately 29%, and the fully diluted weighted average share count is estimated at 64.5 million to 65 million shares. CBIZ also highlighted a healthy pipeline of M&A opportunities, with a focus on integration, cultural alignment, and growth in the coming year.Successful Acquisition of Marcum
CBIZ completed a transformational transaction in November, acquiring Marcum, which solidifies its position as a leading provider of professional services to middle-market businesses.
Strong Organic Growth
CBIZ reported impressive growth across nearly every major service line, including Accounting & Tax, advisory, and Government Health Care Consulting businesses. The Financial Services division saw a 7.2% increase in same-unit revenue in Q4, and Benefits and Insurance saw a 3.8% increase in the same period.
Record Revenue Increase
Total revenue for the full year 2024 was up 14%, with a significant contribution from the Marcum acquisition.
Positive 2025 Outlook
CBIZ expects revenue for 2025 to be between $2.9 billion to $2.95 billion, primarily driven by organic growth.
High Client Retention
CBIZ reported high retention rates for both legacy CBIZ and legacy Marcum clients post-acquisition.
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CBZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CBZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $85.32 | $80.86 | -5.23% |
| Oct 29, 2024 | $66.86 | $71.07 | +6.30% |
| Jul 31, 2024 | $86.02 | $69.40 | -19.32% |
| Apr 25, 2024 | $78.33 | $75.53 | -3.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CBIZ (CBZ) report earnings?
CBIZ (CBZ) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is CBIZ (CBZ) earnings time?
CBIZ (CBZ) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CBZ EPS forecast?
CBZ EPS forecast for the fiscal quarter 2025 (Q1) is 1.69.
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