Mark your calendars for Tuesday 29th October 2024, as CBIZ (NYSE: CBZ) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
In accordance with the predictions of financial analysts on Wall Street, the business is on track to report an expected per share of $0.76 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $441.69 million for this quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.66. This figure was a result of the company's total revenue, which reached an impressive $410.54 million during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $2.13 billion. Additionally, they predict that the earnings per share for the company will hit profit of $2.64 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.50 | -9.1% | 420.01 M | +5.4% |
| Q1 2024 | $1.54 | +5.5% | 494.30 M | +8.7% |
| Q4 2023 | $-0.26 | -23.8% | 327.55 M | +11.0% |
| Q3 2023 | $0.66 | +29.4% | 410.54 M | +13.0% |
| Q2 2023 | $0.55 | -12.7% | 398.50 M | +10.1% |
| *Growth on year-over-year basis | ||||
CBZ has scheduled a conference call on 29th October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
CBIZ (CBZ) shares experienced a range of $65.95 to $66.75 on a day volume of 242.50 thousand shares. The stock closed Friday's regular trading session at $66.39, marking a 0.23 percent downfall.
