CBIZ Q2 Adj. EPS $0.91 Beats $0.80 Estimate, Sales $682.206M Miss $697.959M Estimate
CBIZ (NYSE:CBZ) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.80 by 13.75 percent. This is a 8.08 percent decrease over earnings of $0.99 per share from the same period
CBIZ made more profit per share than experts thought they would, which is good—but they sold less stuff than expected, which is not so good. When a company beats on profits but misses on sales, it means they're cutting costs, so watch if they can keep selling more things next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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