CBIZ Shares Climb 1.9% as Q1 EPS Estimate Falls 3.9% to –$0.66
CBIZ shares rose 1.9% to close at $38.21 after declining 29.3% over the past month. The consensus EPS estimate for the upcoming quarter slid 3.9% to –$0.66, marking a 230% drop year-over-year, and the stock holds a Zacks Rank #3.
1. Recent Stock Performance
CBIZ shares closed up 1.9% at $38.21 in the latest trading session, reversing part of a broader sell-off that has left the stock down 29.3% over the past month.
2. Updated Earnings Estimates
Analysts have trimmed the consensus EPS estimate for the upcoming quarter by 3.9% to –$0.66 per share, reflecting weaker profitability expectations compared with the year-ago loss pace.
3. Year-over-Year EPS Comparison
The projected –$0.66 EPS represents a 230% deterioration versus the same quarter last year, underscoring heightened cost pressures or revenue shortfalls in current operations.
4. Current Analyst Ranking
CBIZ carries a Zacks Rank #3 (Hold), suggesting mixed perspectives on its near-term outlook despite recent estimate cuts and share price volatility.