CBIZ, Inc. (CBZ) Tops Q1 EPS by 20c

CBIZ, Inc. (NYSE: CBZ) reported Q1 EPS of $0.92, $0.20 better than the analyst estimate of $0.72. Revenue for the quarter came in at $300.7 million versus the consensus estimate of $284.41 million.

2021 Outlook

• The Company expects total revenue growth within a range of 8% to 10% over the prior year.
• Although a number of factors may impact the tax rate, the Company expects an effective tax rate of approximately 25%.
• The Company expects a weighted average fully diluted share count within a range of 54.0 million to 54.5 million shares.
• The Company expects to grow fully diluted earnings per share within a range of 12% to 15% over the prior year.

For earnings history and earnings-related data on CBIZ, Inc. (CBZ) click here.

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