CBIZ: Q2 Earnings Snapshot – mySA

INDEPENDENCE, Ohio (AP) _ CBIZ Inc. (CBZ) on Thursday reported second-quarter earnings of $31.3 million.

On a per-share basis, the Independence, Ohio-based company said it had net income of 60 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 63 cents per share.

The provider of outsourced business services posted revenue of $362 million in the period.

CBIZ expects full-year earnings in the range of $2.08 to $2.11 per share.

CBIZ shares have risen 11% since the beginning of the year. The stock has risen 40% in the last 12 months.

_____

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

Original News Source