CBIZ Q3 revenue $438.9M (+6.9%), adjusted EPS $0.84 (+27%), reaffirms FY guidance

CBIZ, Inc.

2024-Q3 EPS reported $2.62 revenue$1,353,193,000

Revenue $438.9M (+6.9%), same-unit up 5.1%; net income $35.1M (+4.2%).
Adjusted EPS $0.84 (+27.3% YoY); adjusted EBITDA $75.7M (+23.0%).
Marcum acquisition expected to close in coming days; $14.8M in transaction costs hit GAAP EPS by $0.20.
FY 2024 guidance reaffirmed: adjusted EPS growth 10-12% to $2.64-$2.69.
Nine-month revenue $1.35B (+7.1%); adjusted EPS $2.87 (+7.5%).

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