CRH (CRH) to Release Quarterly Earnings on Friday

CRH (NYSE:CRH) will post its quarterly earnings results before the market opens on Friday, May 10th. Analysts expect CRH to post earnings of ($0.06) per share for the quarter. CRH has set its FY 2024 guidance at 5.150-5.450 EPS.

CRH (NYSE:CRH) last announced its earnings results on Thursday, February 29th. The construction company reported $1.29 earnings per share for the quarter. The business had revenue of $8.69 billion for the quarter. On average, analysts expect CRH to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

CRH Stock Performance

Shares of CRH stock opened at $80.93 on Wednesday. CRH has a 1-year low of $47.14 and a 1-year high of $88.00. The business has a 50-day moving average of $82.40 and a 200-day moving average of $72.07.

CRH Announces Dividend

The company also recently declared a Variable dividend, which was paid on Wednesday, April 17th. Investors of record on Friday, March 15th were paid a $0.262 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 2%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CRH. Citigroup raised their target price on shares of CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Jefferies Financial Group raised their target price on shares of CRH from $89.70 to $100.00 and gave the stock a “buy” rating in a report on Monday, March 4th. DA Davidson began coverage on shares of CRH in a report on Friday, January 19th. They issued a “buy” rating and a $82.00 target price on the stock. StockNews.com raised CRH from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 27th. Finally, Vertical Research began coverage on CRH in a report on Friday, March 22nd. They set a “buy” rating and a $105.00 price target on the stock. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.31.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.