CBIZ, Inc. (NYSE:CBZ) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.30 per share from $ 236.78 million in revenue.
For the full year, analysts predict revenues of $ 957.11 million, while looking forward to income of $ 1.29 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 995.85 million ~ $ 1,015.00 million, where as bottomline are predicted in a range of $ 1.40 ~ $ 1.42 per share
Click Here For More Historical Outlooks Of CBIZ, Inc.
Previous Quarter Performance
CBIZ, Inc. communicated income for the second quarter of $ 0.39 per share, from the revenue of $ 236.94 million. The quarterly earnings elevated 30.00 percent while revenues elevated 0.61 percent compared with the same quarter last year.
Street analysts expected CBIZ, Inc. to report income of $ 0.24 per share on revenue of $ 226.97 million for the second quarter. The bottom line results beat street analysts by $ 0.15 or 62.50 percent, at the same time, top line results outshined analysts by $ 9.97 million or 4.39 percent.
Stock Performance
Shares of CBIZ, Inc. traded low $ -0.74 or -3.20 percent on Wednesday, reaching $ 22.37 with volume of 304.80 thousand shares. CBIZ, Inc. has traded high as $ 23.11 and has cracked $ 22.29 on the downward trend
According to the previous trading day, closing price of $ 22.37, representing a 37.15 % increase from the 52 week low of $ 16.85 and a 19.56 % decrease over the 52 week high of $ 28.73.
The company has a market capital of $ 1.22 billion and is part of the Industrials sector and Business Services industry.
Conference Call
CBIZ, Inc. will be hosting a conference call at 11:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cbiz.com
CBIZ, Inc. provides professional business services, products, and solutions that help its clients in managing finances and employees. It offers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices.
