CBIZ: Q2 Earnings Snapshot

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INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported second-quarter profit of $26.9 million.

The Independence, Ohio-based company said it had profit of 53 cents per share. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The provider of outsourced business services posted revenue of $398.5 million in the period.

CBIZ expects full-year earnings in the range of $2.36 to $2.41 per share.

CBIZ shares have risen 14% since the beginning of the year. The stock has increased 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBZ at https://www.zacks.com/ap/CBZ

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