CBIZ (CBZ) Releases Earnings Results, Reports EPS of $0.41 EPS

CBIZ (CBZ) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.41 EPS for the quarter. Analysts had a consensus estimate of $0.41. The company posted revenue of $224.20 million in the period, compared to analysts expectations of $224.54 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on CBIZ. First Analysis Sec Upgraded CBIZ on Mar 15, 2016 to ” Equal-Weight”, Price Target of the shares are set at $9.50.

CBIZ closed down -0.01 points or -0.10% at $10.03 with 94,165 shares getting traded on Friday. Post opening the session at $10, the shares hit an intraday low of $9.96 and an intraday high of $10.11 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 18, 2016, Jerome P Grisko (CEO & President) purchased 58 shares at $10.09 per share price. According to the SEC, on Apr 18, 2016, Chris Spurio (President, Financial Services) purchased 23 shares at $10.09 per share price. On Feb 23, 2016, Joseph S Dimartino (director) sold 11,896 shares at $10.47 per share price, according to the Form-4 filing with the securities and exchange commission.

CBIZ Inc. is engaged in providing professional business services products and solutions to businesses of various sizes as well as individuals Governmental entities and not-for-profit enterprises throughout the United States and parts of Canada. CBIZ delivers its integrated services through its three practice groups: Financial Services National Practices and Employee Services. The Financial Services practice group offers various services including accounting tax Government health care consulting financial advisory valuation litigation support risk advisory services and others. The Employee Services practice group offers employee benefits consulting and brokerage property and casualty brokerage and retirement plan advisory services among others. The National Practices group offers technology and health care consulting services.


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