CRH (NYSE:CRH) Issues Quarterly Earnings Results, Beats Expectations By $0.19 EPS

CRH (NYSE:CRH) announced its earnings results on Thursday. The construction company reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.19, FiscalAI reports. The firm had revenue of $10.78 billion during the quarter, compared to analysts’ expectations of $10.68 billion. CRH had a return on equity of 15.37% and a net margin of 9.65%.The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.94 earnings per share. 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 Price Performance

Shares of CRH stock traded down $0.97 during midday trading on Friday, hitting $95.03. The company had a trading volume of 7,495,274 shares, compared to its average volume of 4,941,589. The business’s 50 day simple moving average is $105.36 and its two-hundred day simple moving average is $111.47. The stock has a market cap of $63.50 billion, a PE ratio of 17.60, a P/E/G ratio of 1.72 and a beta of 1.32. CRH has a 1-year low of $93.58 and a 1-year high of $131.55.

CRH Dividend Announcement

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

Hedge Funds Weigh In On CRH

Large investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in shares of CRH during the 4th quarter worth about $275,000. Compound Planning Inc. lifted its stake in shares of CRH by 10.8% in the fourth quarter. Compound Planning Inc. now owns 10,182 shares of the construction company’s stock valued at $1,271,000 after buying an additional 994 shares during the period. Invesco Ltd. lifted its stake in shares of CRH by 5.9% in the fourth quarter. Invesco Ltd. now owns 7,889,452 shares of the construction company’s stock valued at $984,604,000 after buying an additional 440,065 shares during the period. Corient Private Wealth LLC grew its position in CRH by 12.4% during the fourth quarter. Corient Private Wealth LLC now owns 27,647 shares of the construction company’s stock worth $3,450,000 after buying an additional 3,046 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in CRH by 3.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 205,364 shares of the construction company’s stock worth $25,629,000 after buying an additional 7,494 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CRH has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $139.00 price target on shares of CRH in a research report on Wednesday, April 15th. Jefferies Financial Group upped their price objective on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a report on Friday, June 26th. Stephens dropped their target price on shares of CRH from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday. Weiss Ratings lowered shares of CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, CRH presently has an average rating of “Buy” and an average target price of $139.44.

CRH Company Profile

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.