CBIZ, Inc. (CBZ) Tops Q4 EPS by 3c, Offers Outlook

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CBIZ Reports Fourth-Quarter and Full-Year 2020 Results

February 18, 2021 6:30 AM EST

CLEVELAND, Feb. 18, 2021 /PRNewswire/ --

FOURTH-QUARTER HIGHLIGHTS:

TOTAL REVENUE +3.9% SAME-UNIT REVENUE +1.1%

FULL-YEAR HIGHLIGHTS:

TOTAL REVENUE +1.6% SAME-UNIT REVENUE -0.4% EPS FROM CONTINUING OPERATIONS +11.8% ADJUSTED EBITDA +9.6%

2021 GUIDANCE:

TOTAL REVENUE +5% TO 8% TAX RATE ~25% SHARE COUNT ~54.5 MILLION EPS FROM CONTINUING OPERATIONS +8% TO 12%

CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced fourth- quarter and full-year results for the period ended December 31, 2020.

For the 2020 fourth quarter, CBIZ recorded revenue of $211.1 million, an increase of $8.0 million, or... More