CRH (NYSE:CRH) Announces Earnings Results

CRH (NYSE:CRH) released its earnings results on Thursday. The construction company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.19, FiscalAI reports. The company had revenue of $10.78 billion for the quarter, compared to analysts’ expectations of $10.68 billion. CRH had a return on equity of 15.76% and a net margin of 9.93%.The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.94 EPS. CRH updated its FY 2026 guidance to 5.600-6.050 EPS.

Here are the key takeaways from CRH’s conference call:

• Record Q2 performance: Revenue rose 6% to $10.8 billion, Adjusted EBITDA increased 7% to more than $2.6 billion, margins expanded by 30 basis points, and diluted EPS grew 14% year over year.
• CRH reaffirmed its 2026 guidance, including Adjusted EBITDA of $8.1 billion to $8.5 billion, supported by resilient infrastructure demand, positive pricing, growing backlogs, and stronger reindustrialization activity such as data centers and advanced manufacturing.
• The planned $8.5 billion Arcosa acquisition is expected to add 35 million tons of annual aggregates production and generate approximately $175 million in run-rate cost synergies by year three; closing is expected in the first quarter of 2027.
• Americas Building Solutions EBITDA declined 8% as divestitures, subdued U.S. new-build residential demand, and higher haulage costs weighed on results, while the company paused its share buyback program following the Arcosa agreement.

CRH Trading Down 1.0%

NYSE CRH traded down $0.97 during trading on Friday, reaching $95.03. The company’s stock had a trading volume of 7,495,274 shares, compared to its average volume of 3,608,058. The stock has a market capitalization of $63.50 billion, a PE ratio of 16.76, a PEG ratio of 1.68 and a beta of 1.32. The business has a 50-day moving average price of $105.26 and a 200-day moving average price of $111.36. CRH has a 1-year low of $93.58 and a 1-year high of $131.55.

CRH Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th. CRH’s dividend payout ratio (DPR) is presently 28.89%.

More CRH News

Here are the key news stories impacting CRH this week:

• Positive Sentiment: CRH reported second-quarter revenue of approximately $10.8 billion, up 6% year over year and ahead of the $10.68 billion consensus estimate. Adjusted earnings of $2.21 per share also exceeded expectations of $2.02, while net income increased 13% to $1.5 billion. Growth was supported by pricing, underlying demand, acquisitions and infrastructure activity. CRH Reports Second Quarter 2026 Results
• Positive Sentiment: Management outlined a 2026 adjusted EBITDA target of $8.1 billion to $8.5 billion and continues to advance its planned Arcosa transaction, which carries a targeted $175 million in synergies. The outlook reflects continued pricing momentum and demand for infrastructure-related products. CRH EBITDA Outlook and Arcosa Deal
• Positive Sentiment: CRH declared a quarterly dividend of $0.39 per share, payable September 16 to shareholders of record August 14. The annualized payout implies a yield of about 1.6%, adding to shareholder returns.
• Neutral Sentiment: Truist lowered its price target from $140 to $130 but maintained a “buy” rating, still implying substantial upside based on the reported reference price. The target reduction may reflect a more cautious near-term valuation view rather than a change in the firm’s overall stance. Truist Price Target Update
• Negative Sentiment: CRH’s 2026 EPS guidance of $5.60 to $6.05 has a midpoint of $5.83, below the approximately $5.95 analyst consensus. Subdued residential construction activity in some markets also remains a headwind, potentially offsetting strength in infrastructure and commercial demand.

Wall Street Analysts Forecast Growth

CRH has been the topic of a number of research analyst reports. Truist Financial lowered their price objective on shares of CRH from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Friday. Morgan Stanley reiterated an “overweight” rating and issued a $139.00 target price on shares of CRH in a research report on Wednesday, April 15th. Jefferies Financial Group boosted their price target on shares of CRH from $149.00 to $165.60 and gave the company a “buy” rating in a report on Friday, June 26th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Finally, Wells Fargo & Company cut their price objective on CRH from $135.00 to $132.00 and set an “overweight” rating for the company in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, CRH currently has a consensus rating of “Moderate Buy” and an average price target of $139.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Kemnay Advisory Services Inc. bought a new stake in CRH in the fourth quarter worth $33,000. Meeder Asset Management Inc. lifted its position in shares of CRH by 29,400.0% in the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock worth $37,000 after buying an additional 294 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in shares of CRH by 1,835.3% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after acquiring an additional 312 shares in the last quarter. Prosperity Bancshares Inc bought a new stake in shares of CRH during the 4th quarter worth about $43,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of CRH during the 3rd quarter valued at about $49,000. Institutional investors own 62.50% of the company’s stock.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.