CBIZ reports Q1 EPS $2.29, consensus $2.11

Reports Q1 revenue $838.01M, consensus $860.25M. “CBIZ (CBZ) delivered positive first-quarter results. As we have demonstrated throughout our history, our operating model enables us to deliver strong earnings and cash flow in varying business climates and our first-quarter financial results are consistent with that history. We are also pleased to report that the Marcum-related integration work is proceeding on schedule, and we continue to experience strong employee and client retention rates and outstanding collaboration within our combined team,” said Jerry Grisko, CBIZ President and Chief Executive Officer.