CBIZ Q3 2024 Adj. EPS $0.84 Beats $0.76 Estimate, Sales $438.884M Miss $441.695M Estimate
Portfolio Pulse from Benzinga Newsdesk
CBIZ reported Q3 2024 earnings per share of $0.84, surpassing the analyst estimate of $0.76. However, its sales of $438.884 million fell short of the expected $441.695 million. Despite this, sales increased by 6.90% compared to the same period last year.
October 29, 2024 | 10:42 am
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CBIZ's Q3 2024 earnings per share exceeded expectations, but sales slightly missed estimates. Despite the sales miss, there was a year-over-year increase in sales.
CBIZ's earnings per share beat expectations by 10.53%, which is a positive indicator for investors. Although sales missed estimates by 0.64%, the year-over-year increase of 6.90% suggests growth. The positive EPS surprise is likely to have a more significant impact on the stock price in the short term.
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