INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported first-quarter earnings of $122.8 million.
The Independence, Ohio-based company said it had profit of $1.91 per share. Earnings, adjusted for non-recurring costs, came to $2.29 per share.
The provider of outsourced business services posted revenue of $838 million in the period.
CBIZ expects full-year earnings in the range of $3.60 to $3.65 per share, with revenue in the range of $2.8 billion to $2.95 billion.
CBIZ shares have decreased roughly 6% since the beginning of the year. The stock has decreased 1% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBZ at https://www.zacks.com/ap/CBZ
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