CBIZ Reaffirms Outlook For FY23 Adjusted EPS Of $2.36-$2.41 Vs. Consensus Of $2.41
Portfolio Pulse from Benzinga Newsdesk
CBIZ has reaffirmed its outlook for FY23 adjusted EPS of $2.36-$2.41, in line with consensus estimates. The company has also increased its 2023 revenue growth expectations to 10%-12%, up from the previous guidance of 8%-10%.
July 27, 2023 | 10:37 am
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CBIZ has reaffirmed its FY23 EPS outlook, aligning with consensus estimates. It also raised its 2023 revenue growth expectations, which could positively impact its stock price.
CBIZ's reaffirmation of its FY23 EPS outlook in line with consensus estimates indicates stability in its financial performance. The increase in its 2023 revenue growth expectations suggests potential for higher earnings, which could drive its stock price up in the short term.
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