CBIZ (CBZ)
NYSE:CBZ
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.73Last Year’s EPS
0.95Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a solid start to the year with revenue growth, EPS improvement, meaningful free cash flow generation and active share repurchases, plus strategic progress on AI, offshoring and industry verticalization. Key challenges include a 4% decline in Benefits & Insurance revenue driven by a producer departure and contingent commission weakness, temporary integration-related drag estimated to have shaved ~200 bps off Q1 organic growth, and a portion of the free cash flow improvement being one-time. Management reaffirmed guidance, raised EPS outlook, and outlined a path to margin expansion and deleveraging as integration issues abate and AI/offshoring efficiencies scale.Company Guidance
Consolidated Revenue Growth
Consolidated revenue of $849 million, up 1.3% year-over-year; reported organic revenue growth of 1% for Q1.
Profitability and EPS Improvement
Adjusted EBITDA increased by $3 million year-over-year to $244 million; adjusted diluted EPS rose to $2.50 from $2.33, a 7% increase.
Strong Free Cash Flow and Capital Returns
Free cash flow improved by $64 million year-over-year (primarily due to a $53 million purchase price adjustment); funded approximately $63 million in share repurchases through end of April and repurchased ~2 million shares April YTD.
Leverage Reduction and Share Count Decline
Net leverage decreased to ~3.4x from ~3.9x a year ago; weighted average fully diluted share count declined by 2.6 million shares year-over-year, supporting higher EPS guidance.
Raised Adjusted EPS Outlook and Reaffirmed Guidance
Company reaffirmed revenue ($2.8B–$2.9B, +2%–5%) and adjusted EBITDA ($465M–$475M) targets and increased adjusted EPS guidance to $4.00–$4.10 per share (assumes ~60.5M diluted shares). Free cash flow guidance unchanged at $270M–$290M.
AI Deployment and Early Measurable Efficiencies
Rolled out agentic AI capabilities company-wide post-busy season; example in attest services: AI-based data extraction delivering ~20% efficiency in year 1 with an expectation of growing to ~40% in subsequent years; AI also expected to improve RFP response speed/quality and expand capacity to pursue new opportunities.
Progress on Strategic Initiatives and Talent
Integration into one operating company progressing: unified teams, common systems, industry vertical go-to-market (12 verticals) showing early pipeline benefits; recruiting momentum with plan for ~15% increase in Benefits & Insurance producers for the year.
Offshoring and Cost/Capacity Opportunity
On track to increase offshore hours from ~6% in 2025 to ~10% in 2026 with plan to expand to >20% over the next several years, which management expects will drive growth and margin opportunities.
CBZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CBZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $33.17 | $30.50 | -8.05% |
Feb 25, 2026 | $27.28 | $31.80 | +16.57% |
Oct 29, 2025 | $51.31 | $52.92 | +3.14% |
Jul 30, 2025 | $76.15 | $61.12 | -19.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CBIZ (CBZ) report earnings?
CBIZ (CBZ) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is CBIZ (CBZ) earnings time?
CBIZ (CBZ) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CBZ EPS forecast?
CBZ EPS forecast for the fiscal quarter 2026 (Q2) is 0.73.