CBIZ's Q1 Adjusted Earnings, Revenue Rise; 2025 Revenue Guidance Updated

MT Newswires Live

Apr 24, 2025

CBIZ (CBZ) reported Q1 adjusted earnings Thursday of $2.29 per diluted share, up from $1.63 a year earlier.

Three analysts polled by FactSet expected $2.11.

Revenue for the quarter ended March 31 was $838 million compared with $494.3 million a year earlier.

Three analysts surveyed by FactSet expected $860.2 million.

The company maintained 2025 adjusted earnings guidance of $3.60 to $3.65 per diluted share. Three analysts surveyed by FactSet expect $3.62. The company trimmed the lower end of its annual revenue guidance and now expects revenue of $2.8 billion to $2.95 billion compared with a prior view of $2.90 billion to $2.95 billion. Three analysts polled by FactSet expect $2.92 billion.

Shares of the company were 2.4% lower in recent premarket activity.

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