CBIZ: Q3 results miss Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Monday reported third-quarter earnings of $47.2 million. The Independence, Ohio-based company said it had profit of 79 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.21 per…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishMissing earnings and revenue estimates can weigh on the stock of a mid-sized company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01CBIZ reported third-quarter earnings of $47.2 million, or 79 cents per share.
- 02Adjusted earnings were $1.21 per share, below the average estimate of $1.28.
- 03Revenue of $702.2 million also fell short of the $727.7 million forecast.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets