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

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CBIZ Reports Fourth-Quarter And Full-Year 2019 Results

February 20, 2020 6:30 AM EST

CLEVELAND, Feb. 20, 2020 /PRNewswire/ --

FOURTH-QUARTER HIGHLIGHTS:

TOTAL REVENUE +2.1% SAME-UNIT REVENUE +0.1%

FULL-YEAR HIGHLIGHTS:

TOTAL REVENUE +2.9% SAME-UNIT REVENUE +2.0% EPS FROM CONTINUING OPERATIONS +16.5%

CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced fourth-quarter and full-year results for the period ended December 31, 2019.

For the 2019 fourth quarter, CBIZ recorded revenue of $203.1 million, an increase of $4.1 million, or 2.1%, over the $199.0 million reported in the same period of 2018. Newly acquired operations, net of divestitures, contributed $3.9 million, or 2.0%, to the fourth-quarter 2019... More