CBIZ, Inc. (CBZ) Tops Q4 EPS by 4c

CBIZ, Inc. (NYSE: CBZ) reported Q4 EPS of ($0.02), $0.04 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $203.1 million versus the consensus estimate of $208.82 million.

GUIDANCE:

2020 Outlook

• The Company expects growth in total revenue within a range of 5% to 7% over the prior year.
• Although a number of factors may impact the tax rate, the Company expects an effective tax rate of approximately 24%.
• The Company expects a weighted average fully diluted share count of approximately 56 million shares.
• The Company expects to grow fully diluted earnings per share within a range of 10% to 12% over the prior year.

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

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