NYSE$CBZ
Cbiz Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
CBIZ's second-quarter performance was reported, featuring revenue growth and increased full-year revenue guidance.
CBIZ reported a 17.6% increase in revenue for the second quarter of 2021, driven by both acquisitions and same-unit revenue growth. The company's adjusted EPS increased by 28.2%. Due to strong performance, CBIZ raised its full-year revenue growth guidance to 10% to 12%.
- Total revenue increased by 17.6%.
- Same-unit revenue increased by 10.5%.
- Adjusted EPS increased by 28.2%.
- Full-year 2021 revenue guidance was raised to 10% to 12% growth.
Headline financials
Revenue & EPS history
CBIZ · Revenue · Quarterly
$279M
Revenue by segment
CBIZ · $279M total across 3 segments · Q2 2021
- Financial Services$187M+21.1%67.0%
- Benefits and Insurance$82.6M+11.7%29.7%
- National Practices$9.44M+5.8%3.4%
Forward guidance
CBIZ increased its revenue growth expectations to within a range of 10% to 12% over the prior year. The Company expects Adjusted Diluted EPS to grow within a range of 12% to 15% over the $1.42 reported for 2020.
Tailwinds
- Revenue growth expectations increased to 10% - 12%.
- Effective tax rate expected to be approximately 25%.
- Weighted average fully diluted share count of approximately 54.0 million shares is expected.
- Full-year fully diluted earnings per share within a range of $1.25 to $1.29 is expected on a GAAP basis.
- Adjusted Diluted EPS is expected to grow within a range of 12% to 15% over the $1.42 reported for 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.1%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+2.3%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+16.7%
Q4 2025
Best reaction
-15.1%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.0% | -5.6% | -0.5% | |
| Q4 2025 | +16.7% | +9.5% | -4.2% | |
| Q3 2025 | +3.0% | +7.3% | -5.1% | |
| Q1 2025 | -14.0% | -13.0% | -6.9% | |
| Q4 2024 | -5.2% | -10.0% | -12.1% | |
| Q3 2024 | +6.0% | +4.2% | +23.3% | |
| Q2 2024 | -15.1% | -19.4% | -14.4% | |
| Q1 2024 | -7.1% | -9.1% | +0.8% | |
| Q4 2023 | +10.5% | +11.8% | +16.1% | |
| Q3 2023 | -1.3% | +2.3% | +14.8% | |
| Q2 2023 | -2.2% | +1.4% | +2.2% | |
| Q1 2023 | +3.0% | +0.1% | -2.0% | |
| Q4 2022 | +4.5% | +3.2% | -1.5% | |
| Q3 2022 | +6.0% | +3.5% | +5.6% | |
| Q2 2022 | +5.0% | +3.5% | +3.0% | |
| Q1 2022 | +1.9% | -2.2% | +0.4% | |
| Q4 2021 | -4.7% | -5.1% | +3.3% | |
| Q3 2021 | +3.2% | +6.0% | +6.1% | |
| Q2 2021 | +3.6% | +4.5% | +8.6% | |
| Q1 2021 | +1.6% | +3.7% | +0.5% | |
| Q4 2020 | +3.7% | +6.7% | +14.0% | |
| Q3 2020 | +1.3% | +5.9% | +11.4% | |
| Q2 2020 | +6.0% | +6.5% | +7.7% | |
| Q1 2020 | -4.2% | -3.2% | +16.2% | |
| Q4 2019 | -2.0% | -3.4% | -39.1% | |
| Q3 2019 | +7.8% | +5.9% | +5.8% | |
| Q2 2019 | +0.6% | -0.7% | -2.8% | |
| Q1 2019 | -5.5% | -6.1% | -3.7% | |
| Q4 2018 | -0.5% | +2.2% | -2.8% | |
| Q3 2018 | -3.6% | -3.2% | -7.5% | |
| Q2 2018 | -1.6% | -0.7% | +8.9% | |
| Q1 2018 | +1.9% | +3.0% | +13.7% | |
| Q4 2017 | +9.8% | +13.5% | +17.5% | |
| Q3 2017 | -11.0% | -10.1% | -11.6% | |
| Q2 2017 | +0.7% | -1.0% | +2.7% | |
| Q1 2017 | +3.6% | +2.6% | -1.3% | |
| Q4 2016 | +1.9% | +2.3% | +6.0% | |
| Q3 2016 | +0.9% | -1.4% | +11.3% | |
| Q2 2016 | +1.0% | +3.3% | +3.0% | |
| Q1 2016 | +2.7% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | -1.5% | — | — | |
| Q2 2015 | +1.7% | — | — | |
| Q1 2015 | -1.8% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | +9.2% | — | — | |
| Q2 2014 | -2.2% | — | — | |
| Q1 2014 | -3.3% | — | — | |
| Q4 2013 | +3.8% | — | — | |
| Q3 2013 | +6.0% | — | — | |
| Q2 2013 | -3.8% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2012 | -5.2% | — | — | |
| Q2 2012 | -10.6% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q3 2010 | -4.8% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | -0.8% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q1 2010 | +3.0% | — | — |
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