CBIZ Q4 2023 Adj EPS $(0.26) Beats $(0.27) Estimate, Sales $327.55M Beat $309.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
CBIZ (NYSE:CBZ) reported Q4 2023 adjusted EPS of $(0.26), surpassing the $(0.27) estimate. Sales reached $327.55M, exceeding the $309.02M forecast and marking an 11.02% increase from the previous year.
February 15, 2024 | 11:32 am
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CBIZ reported a Q4 2023 adjusted EPS of $(0.26), beating estimates, and sales of $327.55M, also above expectations, showing a significant year-over-year growth.
CBIZ's Q4 earnings and sales surpassing estimates, coupled with a notable year-over-year sales growth, indicate a strong financial performance. This is likely to positively impact investor sentiment and potentially lead to a short-term increase in CBZ's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100