CBIZ revises FY24 earnings guidance, predicting EPS of $2.53-2.58 and lowering revenue guidance to $1.70-1.73 billion.
CBIZ, a U.S.-Canada financial, insurance, and advisory services company, has revised its FY24 earnings guidance, predicting EPS of $2.53-2.58, below the consensus estimate of $2.73, and revenue guidance of $1.70-1.73 billion, slightly below the consensus revenue estimate of $1.72 billion. StockNews.com downgraded its rating from a hold to a sell on July 16th. CBIZ's market cap is $3.56 billion, with a P/E ratio of 28.77 and a beta of 0.93.
August 03, 2024
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