CBIZ (CBZ) Q2 2026: 26% EPS Beat, Then a $5 Billion Buyout at $55 a Share
As seen on the 24/7 Wall St. homepage on July 29, 2026.
CBIZ crushed earnings with a 26% EPS beat, but the real shock is the $5 billion all-cash takeout: Grant Thornton and New Mountain Capital are buying the professional services firm at $55 per share, with the deal expected to close by year-end and the company going private.
Continue ReadingShow less
CBIZ reported Q2 2026 earnings per share of $0.91, well ahead of the $0.72 consensus estimate — a beat of roughly 26%. That earnings outperformance, while notable on its own, was immediately overshadowed by the announcement that Grant Thornton and New Mountain Capital have agreed to acquire the professional services firm for $55 per share in an all-cash deal valued at $5 billion.
The transaction is expected to close by year-end, after which CBIZ will go private. For shareholders, the $55-per-share price is the key number to watch against where the stock trades, as the spread between the current price and the deal price reflects the market's read on closing risk and timing. Revenue came in at $682.2 million, modestly short of the $698 million estimate — a miss of about 2% — though in the context of a pending takeout, quarterly top-line results carry less weight than they otherwise would.
Sponsored
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Looking back at recent quarters, CBIZ has consistently beaten EPS estimates, posting beats in each of the past eight reported periods. That track record of earnings discipline is presumably part of what made the company an attractive acquisition target, but with the go-private deal now announced, Q2 2026 is likely to be one of the final earnings reports CBIZ files as a public company.
Mentioned: CBZ