CBIZ: Q1 Earnings Snapshot

INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported first-quarter net income of $76.9 million.

On a per-share basis, the Independence, Ohio-based company said it had net income of $1.53. Earnings, adjusted for one-time gains and costs, came to $1.54 per share.

The provider of outsourced business services posted revenue of $494.3 million in the period.

CBIZ expects full-year earnings in the range of $2.70 to $2.75 per share.

CBIZ shares have climbed 25% since the beginning of the year. The stock has increased 51% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBZ at https://www.zacks.com/ap/CBZ

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up