CRH (NYSE:CRH) Announces Quarterly Earnings Results

CRH (NYSE:CRH) announced its quarterly earnings results on Thursday. The construction company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.03, FiscalAI reports. The business had revenue of $11.40 billion for the quarter, compared to the consensus estimate of $11.56 billion. CRH had a return on equity of 15.76% and a net margin of 9.93%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $2.21 EPS.

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 Price Performance

CRH stock traded up $4.19 during midday trading on Thursday, reaching $90.73. The company’s stock had a trading volume of 10,651,902 shares, compared to its average volume of 4,971,689. The stock’s 50-day simple moving average is $87.24 and its 200-day simple moving average is $104.44. CRH has a 52-week low of $78.62 and a 52-week high of $131.55. The stock has a market capitalization of $60.36 billion, a P/E ratio of 16.00, a PEG ratio of 1.54 and a beta of 1.31.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CRH. Deutsche Bank Aktiengesellschaft set a $118.00 price objective on CRH in a research report on Friday, October 9th. Berenberg Bank set a $140.00 target price on shares of CRH in a report on Tuesday, September 8th. UBS Group decreased their price target on shares of CRH from $147.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. Stephens lowered their price target on shares of CRH from $125.00 to $105.00 and set an “overweight” rating on the stock in a report on Friday, October 2nd. Finally, Truist Financial cut their price objective on shares of CRH from $130.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $126.50.

Key Stories Impacting CRH

Here are the key news stories impacting CRH this week:

• Positive Sentiment: $6 billion share buyback: CRH announced a new repurchase program, signaling management’s confidence in the business and potentially supporting per-share earnings and the stock valuation. CRH Q3 results, Arcosa acquisition and share buyback
• Positive Sentiment: Arcosa acquisition completed: The $8.5 billion transaction expands CRH’s infrastructure materials portfolio and is expected to provide additional growth and synergies. CRH’s Velocity program is targeting $400 million in annual run-rate benefits by 2028. CRH EBITDA outlook and Velocity targets
• Positive Sentiment: EPS modestly beat expectations: Third-quarter adjusted earnings per share were $2.09, versus the $2.06 analyst consensus, while revenue rose 3% year over year to $11.40 billion. CRH quarterly earnings report
• Neutral Sentiment: CRH declared its quarterly dividend, payable December 9, 2026, reinforcing its shareholder-return strategy. CRH quarterly dividend announcement
• Negative Sentiment: Profitability and outlook weakened: Revenue missed estimates, EPS declined from $2.21 a year earlier, and rising costs and weak housing activity pressured margins. CRH tightened its 2026 adjusted EBITDA outlook to $7.8 billion-$8.0 billion, creating a key near-term headwind. CRH Q3 earnings and outlook

About CRH

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.