CRH (NYSE:CRH – Get Free Report) released its quarterly earnings results on Thursday. The construction company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.06 by $0.03, FiscalAI reports. The business had revenue of $11.40 billion for the quarter, compared to analysts’ expectations of $11.56 billion. CRH had a return on equity of 15.76% and a net margin of 9.93%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.21 earnings per share.
Here are the key takeaways from CRH’s conference call:
- 2026 guidance was reduced to Adjusted EBITDA of $7.8–$8.0 billion, reflecting softer U.S. residential activity, elevated diesel and haulage costs, and only a partial-year contribution from Arcosa.
- CRH completed its $8.5 billion Arcosa acquisition and expects approximately $175 million of annual cost synergies by year three, while expanding its exposure to aggregates, energy infrastructure, grid modernization, and data centers.
- The company announced a new $6 billion share buyback through 2030 and raised its quarterly dividend by 5%, supported by its cash generation and commitment to maintaining an investment-grade credit rating.
- CRH launched its Velocity transformation program, targeting $400 million of annual Adjusted EBITDA benefits by the end of 2028 through organizational simplification, technology, AI, and operating efficiencies; approximately 40% of the benefits are expected in 2027.
- Management expects infrastructure, reindustrialization, energy, water, and data-center demand to support growth in 2027, but U.S. residential activity may remain subdued until at least 2028 because of affordability challenges.
CRH Stock Down 0.8%
CRH traded down $0.69 during trading on Friday, hitting $89.93. 2,934,800 shares of the company traded hands, compared to its average volume of 4,961,156. CRH has a one year low of $78.62 and a one year high of $131.55. The stock’s fifty day moving average is $87.24 and its 200 day moving average is $104.44. The firm has a market cap of $59.83 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.57 and a beta of 1.31.
CRH Announces Dividend
Wall Street Analysts Forecast Growth
CRH has been the subject of several analyst reports. Morgan Stanley began coverage on CRH in a report on Friday, September 11th. They set an “overweight” rating and a $139.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $118.00 price objective on CRH in a research note on Friday, October 9th. UBS Group dropped their price target on shares of CRH from $147.00 to $135.00 and set a “buy” rating on the stock in a research note on Tuesday, September 22nd. Berenberg Bank set a $140.00 price objective on CRH in a research report on Tuesday, September 8th. Finally, Royal Bank Of Canada cut their price objective on shares of CRH from $165.00 to $135.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, CRH has an average rating of “Buy” and an average price target of $126.50.
Check Out Our Latest Report on CRH
Key Headlines Impacting CRH
Here are the key news stories impacting CRH this week:
- Positive Sentiment: $6 billion share buyback: CRH announced a new repurchase program, which could support earnings per share and signal management’s confidence that the stock is undervalued. CRH stock faces lower 2026 outlook as $6 billion buyback launches
- Positive Sentiment: Quarterly dividend maintained: Investors of record on November 13 will receive $0.39 per share on December 9, equivalent to $1.56 annually and a yield of approximately 1.7%. CRH plc declares quarterly dividend
- Positive Sentiment: EPS exceeded expectations: Third-quarter adjusted earnings per share came in at $2.09 versus the $2.06 consensus estimate. CRH also completed its $8.5 billion acquisition of Arcosa, expanding its construction-materials platform. CRH Q3 results and Arcosa acquisition
- Neutral Sentiment: Longer-term synergies: CRH projects $7.8 billion-$8.0 billion of 2026 adjusted EBITDA and expects its Velocity program to deliver $400 million of annual run-rate benefits by 2028. CRH EBITDA outlook and Velocity targets
- Negative Sentiment: Revenue and profit pressures: Third-quarter revenue of $11.40 billion missed the $11.56 billion consensus, while EPS fell from $2.21 a year earlier. Rising costs, weak housing activity and margin pressure prompted CRH to reduce or tighten its 2026 outlook, overshadowing the modest EPS beat. CRH Q3 earnings and revenue miss
CRH Company Profile
CRH plc is a global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its activities include the production and distribution of aggregates, asphalt, ready-mixed concrete, cement and other construction materials, as well as value-added products such as precast concrete, architectural products and site-development solutions.
The company serves customers across North America and Europe, including contractors, construction companies, infrastructure developers, distributors and public-sector organizations.
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