Accounting firm CBIZ Q3 revenue, adj EPS miss analyst estimates
Reuters2026/10/19 10:42
Overview
US professional services advisor's Q3 revenue grew 1.2% yr/yr, missing analyst expectations
Adjusted EPS for Q3 missed analyst expectations
Outlook
Company did not provide financial guidance for full year 2026 in the press release due to proposed acquisition
Result Drivers
OPERATING EXPENSES - Operating expenses fell to $588.2 mln from $603.7 mln in the prior yr, supporting improved net income
GROSS MARGIN - Gross margin rose to $114.1 mln from $90.1 mln in the prior yr
INTEGRATION COSTS - Integration costs related to acquisitions totaled $17.3 mln in Q3
Company press release: ID:nGNX8VfGNl
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q3 Revenue |
Miss |
$702.24 mln |
$720.55 mln (5 Analysts) |
Q3 Adjusted EPS |
Miss |
$1.21 |
$1.29 (5 Analysts) |
Q3 Net Income |
|
$47.24 mln |
|
Q3 Adjusted EBITDA |
|
$131.85 mln |
|
Q3 Operating Expenses |
|
$588.19 mln |
|
Q3 Operating Income |
|
$90.18 mln |
|
Reuters Recommended Reads
Oct 16 - Money transfer firm Wise raises revenue growth outlook as cross-border volumes jump
Oct 16 - US regional banks join bigger peers in signaling resilient economy as lending holds firm
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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