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CRH(CRH) - 2025 Q2 - Quarterly Results
2025-08-06 20:19
[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) [Key Financial Highlights](index=1&type=section&id=Key%20Highlights) CRH reported strong Q2 2025 financial results with revenue growth, increased Adjusted EBITDA, and a positive outlook for FY25, driven by favorable demand, commercial management, and acquisitions Q2 2025 Summary Financials | Summary Financials | Q2 2025 | YoY Change | | :----------------- | :------ | :--------- | | Total revenues | $10.2bn | +6% | | Net income | $1.3bn | +2% | | Net income margin | 13.1% | (50bps) | | Adjusted EBITDA* | $2.5bn | +9% | | Adjusted EBITDA margin* | 24.1% | +70bps | | Diluted Earnings Per Share | $1.94 | +3% | FY25 Guidance | FY25 Guidance | Amount (in $ billions) | | :------------ | :----- | | Net income | $3.8bn-$3.9bn | | Adjusted EBITDA* | $7.5bn-$7.7bn | [CEO Statement & Strategic Overview](index=1&type=section&id=CEO%20Statement%20%26%20Strategic%20Overview) CEO Jim Mintern highlighted strong Q2 performance due to favorable demand, disciplined commercial management, and acquisitions. The company's strategy drove higher sales, profits, and Adjusted EBITDA margins, with significant capital allocated to growth investments and shareholder returns, including 19 acquisitions year-to-date and a raised 2025 guidance - **Strong Q2 performance** driven by favorable underlying demand, disciplined commercial management, and contributions from acquisitions[6](index=6&type=chunk)[7](index=7&type=chunk) - Allocated approximately **$3 billion** to growth investments and capital returns year-to-date, including **19 acquisitions**[6](index=6&type=chunk)[7](index=7&type=chunk) - Agreed to acquire Eco Material Technologies for **$2.1 billion**, accelerating cementitious growth strategy and securing long-term supply of critical materials[7](index=7&type=chunk)[10](index=10&type=chunk) - Commencing a new **$0.3 billion** quarterly share buyback tranche, with **$0.8 billion** completed year-to-date, and declared a quarterly dividend of **$0.37 per share** (**+6% YoY**)[7](index=7&type=chunk)[12](index=12&type=chunk)[13](index=13&type=chunk) - Raised **2025 guidance**, expecting positive activity across key end-use markets[6](index=6&type=chunk)[7](index=7&type=chunk)[15](index=15&type=chunk) [Q2 2025 Financial Performance](index=2&type=section&id=Q2%202025%20Financial%20Performance) [Overall Performance Overview](index=2&type=section&id=Performance%20Overview) CRH's Q2 2025 saw a 6% increase in total revenues to $10.2 billion, primarily due to acquisitions and commercial execution. Net income grew 2% to $1.3 billion, despite higher expenses and reduced divestiture gains. Adjusted EBITDA rose 9% to $2.5 billion, improving the Adjusted EBITDA margin to 24.1% Q2 2025 Financial Performance vs. Q2 2024 | Metric | Q2 2025 | Q2 2024 | YoY Change | | :-------------------- | :------ | :------ | :--------- | | Total revenues | $10.2bn | $9.7bn | +6% | | Net income | $1.3bn | $1.3bn | +2% | | Net income margin | 13.1% | 13.6% | (50bps) | | Adjusted EBITDA* | $2.5bn | $2.3bn | +9% | | Adjusted EBITDA margin* | 24.1% | 23.4% | +70bps | | Diluted EPS | $1.94 | $1.88 | +3% | - Revenue growth driven by positive impact of acquisitions and disciplined commercial execution, offsetting lower activity in weather-impacted regions[8](index=8&type=chunk) - Net income growth reflects strong underlying operating performance, despite higher depreciation and interest expenses and reduced gains from divestitures[8](index=8&type=chunk) [Acquisitions and Divestitures](index=2&type=section&id=Acquisitions%20and%20Divestitures) CRH completed five acquisitions totaling $0.1 billion in Q2 2025 and 13 acquisitions for $0.7 billion year-to-date. A significant agreement was reached to acquire Eco Material Technologies for $2.1 billion, enhancing CRH's position in cementitious materials. Divestiture proceeds were significantly lower compared to the prior year Acquisitions and Divestitures Summary | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :-------------------------------- | :------ | :------ | :------- | :------- | | Acquisitions (number) | 5 | N/A | 13 | N/A | | Acquisitions (consideration) | $0.1bn | $0.4bn | $0.7bn | $2.6bn | | Divestiture proceeds | $31m | $0.4bn | $0.1bn | $1.1bn | - Agreement to acquire Eco Material Technologies for **$2.1 billion**, a leading supplier of Supplementary Cementitious Materials (SCMs) in North America, expected to close in 2025[10](index=10&type=chunk) - The Eco Material acquisition positions CRH at the forefront of the transition to next-generation cement and concrete, securing long-term supply of high-value critical materials[10](index=10&type=chunk) [Capital Allocation (Dividends and Share Buybacks)](index=2&type=section&id=Dividends%20and%20Share%20Buybacks) CRH declared a quarterly dividend of $0.37 per share, a 6% increase year-over-year, consistent with its long-term dividend growth policy. The company also completed $0.3 billion in share repurchases in Q2 2025, bringing year-to-date repurchases to $0.8 billion, and announced a new $0.3 billion tranche - Declared a quarterly dividend of **$0.37 per share**, representing a **6% increase** from the prior year[12](index=12&type=chunk) - Repurchased approximately **3.7 million Ordinary Shares** for **$0.3 billion** in Q2 2025, with year-to-date repurchases totaling **$0.8 billion**[13](index=13&type=chunk) - Commencing an additional **$0.3 billion** share buyback tranche to be completed by November 5, 2025[13](index=13&type=chunk) [Segment Performance](index=2&type=section&id=Segment%20Performance) [Americas Materials Solutions](index=2&type=section&id=Americas%20Materials%20Solutions) Americas Materials Solutions reported a 2% increase in total revenues and a 4% rise in Adjusted EBITDA for Q2 2025. Growth was primarily driven by acquisitions and pricing improvements, which helped offset weather-related challenges. Essential Materials saw a 4% revenue increase with positive pricing and demand, while Road Solutions revenues increased by 2% despite a decline in asphalt volumes Americas Materials Solutions Q2 2025 Performance | in $ millions | Q2 2024 | Acquisitions | Organic | Q2 2025 | % change | | :------------ | :------ | :----------- | :------ | :------ | :------- | | Total revenues | 4,406 | +214 | (108) | 4,509 | +2% | | Adjusted EBITDA | 1,193 | +47 | +2 | 1,241 | +4% | | Adjusted EBITDA margin | 27.1% | | | 27.5% | | - Essential Materials revenues increased by **4%** due to positive pricing (Aggregates **+4%**, Cement **+2%**) and favorable underlying demand, with volumes up **5%** for Aggregates and **1%** for Cement[20](index=20&type=chunk) - Road Solutions revenues increased by **2%**, with readymixed concrete volumes up **6%** and pricing up **2%**, while asphalt volumes decreased by **2%** due to adverse weather[21](index=21&type=chunk) [Americas Building Solutions](index=2&type=section&id=Americas%20Building%20Solutions) Americas Building Solutions achieved a 2% increase in total revenues and a 5% rise in Adjusted EBITDA for Q2 2025. This growth was supported by acquisitions and strong demand in water infrastructure and data center activity, which helped mitigate adverse weather impacts and subdued residential activity Americas Building Solutions Q2 2025 Performance | in $ millions | Q2 2024 | Acquisitions | Organic | Q2 2025 | % change | | :------------ | :------ | :----------- | :------ | :------ | :------- | | Total revenues | 2,116 | +83 | (28) | 2,159 | +2% | | Adjusted EBITDA | 476 | +22 | +5 | 501 | +5% | | Adjusted EBITDA margin | 22.5% | | | 23.2% | | - Building & Infrastructure Solutions revenues were **3% ahead**, driven by acquisitions and strong demand in water infrastructure and data center activity[24](index=24&type=chunk) - Outdoor Living Solutions revenues were **2% ahead**, with acquisitions mitigating subdued residential activity[24](index=24&type=chunk) [International Solutions](index=2&type=section&id=International%20Solutions) International Solutions delivered robust performance in Q2 2025, with total revenues up 13% and Adjusted EBITDA up 23%. This strong growth was primarily fueled by significant contributions from acquisitions, sustained pricing momentum, and operational efficiencies, despite reduced activity in some markets International Solutions Q2 2025 Performance | in $ millions | Q2 2024 | Acquisitions | Organic | Q2 2025 | % change | | :------------ | :------ | :----------- | :------ | :------ | :------- | | Total revenues | 3,132 | +430 | (96) | 3,538 | +13% | | Adjusted EBITDA | 586 | +74 | +29 | 721 | +23% | | Adjusted EBITDA margin | 18.7% | | | 20.4% | | - Essential Materials revenues increased by **14%**, with aggregates and cement volumes up **5%** and **12%** respectively, and pricing up **3%** and **2%**[27](index=27&type=chunk) - Road Solutions revenues increased by **16%**, driven by readymixed concrete volumes up **21%** and pricing up **9%**, benefiting from the Adbri acquisition[28](index=28&type=chunk) - Adjusted EBITDA margin increased by **170bps**, driven by successful integration of acquisitions, increased pricing, and operational efficiencies[29](index=29&type=chunk) [Financial Position & Outlook](index=4&type=section&id=Financial%20Position%20%26%20Outlook) [Other Financial Items](index=8&type=section&id=Other%20Financial%20Items) In Q2 2025, depreciation, depletion, and amortization charges increased by $0.1 billion to $0.5 billion due to acquisitions and higher capital expenditure. Gains on asset disposals decreased significantly, and interest expense rose to $200 million due to increased gross debt balances, while diluted EPS improved to $1.94 Q2 2025 Other Financial Items | Item | Q2 2025 | Q2 2024 | Change | | :-------------------------------- | :------ | :------ | :----- | | Depreciation, depletion, amortization | $0.5bn | $0.4bn | +$0.1bn | | Gains on disposal of long-lived assets | $29m | $102m | -$73m | | Interest income | $30m | $36m | -$6m | | Interest expense | $200m | $155m | +$45m | | Other nonoperating (expense) income, net | ($9)m | $23m | -$32m | | Diluted EPS | $1.94 | $1.88 | +$0.06 | - Increase in depreciation, depletion, and amortization primarily due to the impact of acquisitions and higher capital expenditure[30](index=30&type=chunk) - Higher interest expense primarily due to an increase in gross debt balances[31](index=31&type=chunk) [Balance Sheet and Liquidity](index=8&type=section&id=Balance%20Sheet%20and%20Liquidity) CRH's total debt increased to $15.8 billion at June 30, 2025, with Net Debt rising to $13.4 billion, reflecting cash returns to shareholders, acquisitions, and capital expenditures. The company maintained strong liquidity with $2.9 billion in cash and $4.2 billion in undrawn committed facilities, and remains committed to an investment-grade credit rating Debt and Liquidity Overview | Metric | June 30, 2025 (in $ billions) | Dec 31, 2024 (in $ billions) | June 30, 2024 (in $ billions) | | :-------------------------------- | :------------ | :----------- | :------------ | | Total short and long-term debt | $15.8bn | $14.0bn | $13.1bn | | Net Debt* | $13.4bn | $10.5bn | $10.3bn | | Cash and cash equivalents | $2.9bn | $3.7bn | $3.9bn | | Undrawn committed facilities | $4.2bn | N/A | N/A | - Issued **$3.0 billion** in Senior Notes in January 2025 and repaid **$0.3 billion** of Euro Commercial Paper and **$1.25 billion** Senior Notes due 2025[33](index=33&type=chunk) - Weighted average maturity of term debt (net of cash) was **8.1 years** at June 30, 2025[35](index=35&type=chunk) - Maintains a **$4.0 billion** U.S. Dollar Commercial Paper Program and a **€1.5 billion** Euro Commercial Paper Program, with **$1.0 billion** outstanding under the U.S. program[36](index=36&type=chunk) - Committed to maintaining a strong **investment-grade credit rating (BBB+ or equivalent)**[36](index=36&type=chunk) [2025 Full Year Outlook](index=4&type=section&id=2025%20Full%20Year%20Outlook) CRH raised its financial guidance for 2025, anticipating favorable underlying demand across key end-use markets, supported by public investment in infrastructure and re-industrialization. While the new-build residential segment is expected to remain subdued, repair and remodel activity is resilient, underpinning another year of growth and value creation Updated 2025 Full Year Guidance | 2025 Guidance (in $ billions, except per share data) | Updated Guidance (Low) | Updated Guidance (High) | Previous Guidance (Low) | Previous Guidance (High) | | :------------------------------------------------- | :--------------------- | :---------------------- | :---------------------- | :----------------------- | | Net income (ii) | 3.8 | 3.9 | 3.7 | 4.1 | | Adjusted EBITDA* | 7.5 | 7.7 | 7.3 | 7.7 | | Diluted EPS (ii) | $5.49 | $5.72 | $5.34 | $5.80 | | Capital expenditure | 2.8 | 3.0 | 2.8 | 3.0 | - Expects favorable underlying demand in 2025, driven by significant public investment in critical infrastructure and continued re-industrialization in non-residential segments[15](index=15&type=chunk) - New-build residential segment expected to remain subdued, while repair and remodel activity remains resilient[15](index=15&type=chunk) [Additional Information](index=8&type=section&id=Additional%20Information) [Conference Call & Dividend Timetable](index=8&type=section&id=Conference%20Call%20%26%20Dividend%20Timetable) CRH will host a conference call and webcast on August 7, 2025, to discuss Q2 2025 results and the 2025 outlook. The timetable for the quarterly dividend payment of $0.37 per share has been set, with an ex-dividend date of August 22, 2025, and payment on September 24, 2025 - Conference call and webcast scheduled for **August 7, 2025**, at **8:00 a.m. (EDT)** to discuss Q2 2025 results and 2025 outlook[37](index=37&type=chunk) Quarterly Dividend Timetable | Event | Date | | :-------------- | :------------- | | Ex-dividend Date | August 22, 2025 | | Record Date | August 22, 2025 | | Payment Date | September 24, 2025 | - Default payment currency is **U.S. Dollar** for DTC participants and registered shareholders, with **Euro** as default for Depository Interests holders, who can elect U.S. Dollar or Pounds Sterling[38](index=38&type=chunk)[39](index=39&type=chunk) [Appendices](index=9&type=section&id=Appendices) The appendices provide detailed financial statements, including condensed consolidated statements of income, balance sheets, and cash flows, prepared in accordance with U.S. GAAP. They also include reconciliations for non-GAAP measures like Adjusted EBITDA and Net Debt, along with a disclaimer regarding forward-looking statements and associated risks [Primary Statements](index=11&type=section&id=Appendix%201%20-%20Primary%20Statements) Appendix 1 presents the unaudited Condensed Consolidated Financial Statements for the three and six months ended June 30, 2025, including Statements of Income, Balance Sheets, and Cash Flows, which are extracts from the upcoming Form 10-Q filing Condensed Consolidated Statements of Income (Unaudited) - Q2 2025 | (in $ millions) | Three months ended June 30, 2025 | Three months ended June 30, 2024 | | :------------------------------------------ | :------------------------------- | :------------------------------- | | Total revenues | 10,206 | 9,654 | | Gross profit | 4,026 | 3,675 | | Operating income | 1,935 | 1,829 | | Net income | 1,332 | 1,309 | | Diluted EPS | $1.94 | $1.88 | Condensed Consolidated Balance Sheets (Unaudited) - June 30, 2025 | (in $ millions) | June 30, 2025 | December 31, 2024 | June 30, 2024 | | :------------------------------------------ | :------------ | :---------------- | :------------ | | Total current assets | 15,151 | 14,083 | 15,113 | | Total assets | 53,984 | 50,613 | 48,105 | | Total current liabilities | 8,684 | 10,296 | 10,548 | | Long-term debt | 14,642 | 10,969 | 9,900 | | Total liabilities | 30,354 | 27,763 | 26,654 | | Total equity | 23,241 | 22,466 | 21,116 | Condensed Consolidated Statements of Cash Flows (Unaudited) - Six months ended June 30, 2025 | (in $ millions) | Six months ended June 30, 2025 | Six months ended June 30, 2024 | | :------------------------------------------ | :----------------------------- | :----------------------------- | | Net cash provided by operating activities | 719 | 773 | | Net cash used in investing activities | (1,795) | (2,617) | | Net cash used in financing activities | (12) | (515) | | Cash and cash equivalents and restricted cash at end of period | 2,876 | 3,946 | [Non-GAAP Reconciliation and Supplementary Information](index=18&type=section&id=Appendix%202%20-%20Non-GAAP%20Reconciliation%20and%20Supplementary%20Information) Appendix 2 defines and reconciles non-GAAP financial measures used by CRH, including Adjusted EBITDA, Net Debt, Organic Revenue, and Organic Adjusted EBITDA. These measures provide additional insights into financial performance and are regularly reviewed by management, but should not be considered alternatives to GAAP measures - Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, loss on impairments, gain/loss on divestitures and investments, income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component[51](index=51&type=chunk) Adjusted EBITDA Reconciliation (Q2 2025) | (in $ millions) | Three months ended June 30, 2025 | Three months ended June 30, 2024 | | :-------------- | :------------------------------- | :------------------------------- | | Net income | 1,332 | 1,309 | | Interest expense | 200 | 155 | | Depreciation, depletion and amortization | 528 | 424 | | Adjusted EBITDA | 2,463 | 2,255 | | Adjusted EBITDA margin | 24.1% | 23.4% | - Net Debt comprises short and long-term debt, finance lease liabilities, cash and cash equivalents and current and noncurrent derivative financial instruments (net)[55](index=55&type=chunk) Net Debt Reconciliation (June 30, 2025) | (in $ millions) | June 30, 2025 | December 31, 2024 | June 30, 2024 | | :-------------- | :------------ | :---------------- | :------------ | | Short and long-term debt | (15,813) | (13,968) | (13,118) | | Cash and cash equivalents | 2,876 | 3,720 | 3,077 | | Net Debt | (13,406) | (10,532) | (10,279) | - Organic revenue and organic Adjusted EBITDA exclude incremental contributions from current and prior year acquisitions and divestitures, currency exchange translation, and one-off items to assess performance of pre-existing operations[56](index=56&type=chunk)[57](index=57&type=chunk) [Disclaimer/Forward-Looking Statements](index=20&type=section&id=Appendix%203%20-%20Disclaimer%2FFoward-Looking%20Statements) Appendix 3 provides a disclaimer regarding forward-looking statements, emphasizing that they involve inherent risks and uncertainties and are not guarantees of future performance. It outlines various material factors that could cause actual results to differ, including economic conditions, competition, regulatory changes, and the inability to successfully integrate acquisitions - Forward-looking statements involve risk and uncertainty, relating to future events and depending on circumstances that may not occur or prove accurate[59](index=59&type=chunk)[61](index=61&type=chunk) - Key forward-looking statements include plans for demand outlook, government funding, pricing, M&A, the Eco Material acquisition, capital returns, credit ratings, and 2025 full-year performance[60](index=60&type=chunk) - Material factors that could cause actual results to differ include economic and financial conditions, industry cyclicality, increased competition, energy/labor costs, adverse laws/regulations, unfavorable weather, political uncertainty, and M&A integration failures[62](index=62&type=chunk)
CRH (CRH) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2025-08-06 14:31
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on CRH, and emphasizes the importance of validating these recommendations with other indicators like the Zacks Rank [1][5]. Brokerage Recommendations for CRH - CRH has an average brokerage recommendation (ABR) of 1.39, indicating a consensus between Strong Buy and Buy, based on 19 brokerage firms [2]. - Among the 19 recommendations, 14 are Strong Buy and 2 are Buy, accounting for 73.7% and 10.5% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations for investment decisions may not be wise, as studies show limited success in guiding investors towards stocks with the best price increase potential [5]. - Brokerage firms often exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [6][10]. Zacks Rank as an Alternative Indicator - The Zacks Rank, which classifies stocks into five groups based on earnings estimate revisions, is presented as a more reliable indicator of near-term price performance compared to ABR [8][11]. - The Zacks Rank is updated more frequently and reflects changes in earnings estimates, making it a timely indicator of future price movements [13]. Current Earnings Estimates for CRH - The Zacks Consensus Estimate for CRH's current year earnings has declined by 2% over the past month to $5.59, indicating growing pessimism among analysts regarding the company's earnings prospects [14]. - This decline in earnings estimates has resulted in a Zacks Rank of 4 (Sell) for CRH, suggesting caution despite the Buy-equivalent ABR [15].
CRH Solidifying Its Industry Leadership With $2.1b Acquisition
Seeking Alpha· 2025-08-01 18:34
Core Insights - CRH plc is positioning itself for significant growth through major acquisitions in 2023, enhancing its geographical reach and material supply capabilities [1] - The company anticipates sustained demand for infrastructure projects, supported by funding from the Infrastructure Investment and Jobs Act (IIJA) [1] Group 1: Company Strategy - CRH is actively expanding its operations by making substantial acquisitions year-to-date [1] - The company is focusing on increasing its geographical presence and diversifying its materials supplies [1] Group 2: Market Outlook - There are durable expectations for infrastructure projects due to IIJA funding, which is likely to drive demand for materials [1]
One Equity Partners, Warburg Pincus and Green Cement Investments to Sell Eco Material Technologies to CRH
Prnewswire· 2025-07-29 14:00
Eco Material was formed in 2022 from the merger of Boral Limited's North American fly ash business and Green Cement Inc, a manufacturer of near-zero-carbon cement alternatives. Eco Material is headquartered in Utah and operates a national network of fresh and harvested fly ash, pozzolans, synthetic gypsum and green cement operations distributed across a network of over 125 utility source locations, production facilities and terminals. The company partners with leading electric utilities to process and recyc ...
X @Bloomberg
Bloomberg· 2025-07-29 12:02
Building-materials provider CRH is in advanced talks to buy Eco Material for $2.1 billion in what would be a major expansion in the cement-alternatives market in North America https://t.co/soLpkt4GNX ...
CRH (CRH) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-07-28 23:01
CRH (CRH) ended the recent trading session at $98.54, demonstrating a -1.52% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw an increase of 0.33%. The building material company's shares have seen an increase of 9.33% over the last month, not keeping up with the Construction sector's gain of 10.7% and outstripping the S&P 500's gain of 4.93%.The upcomin ...
CRH (CRH) Rises Higher Than Market: Key Facts
ZACKS· 2025-07-22 23:01
Group 1: Stock Performance - CRH's stock increased by 1.37% to $95.54, outperforming the S&P 500's gain of 0.06% [1] - Over the past month, CRH shares gained 4.8%, lagging behind the Construction sector's 6.08% and the S&P 500's 5.88% [1] Group 2: Upcoming Earnings - CRH is expected to release its earnings report on August 6, 2025, with an anticipated EPS of $1.84, reflecting a 0.54% decline year-over-year [2] - Revenue is projected at $10.33 billion, indicating a 6.99% increase compared to the same quarter last year [2] Group 3: Full-Year Estimates - Zacks Consensus Estimates forecast CRH's full-year earnings at $5.62 per share and revenue at $38 billion, representing year-over-year increases of 4.27% and 6.81%, respectively [3] - Recent analyst estimate revisions suggest a positive outlook for CRH's business [3] Group 4: Zacks Rank and Valuation - CRH currently holds a Zacks Rank of 3 (Hold), with a recent consensus EPS projection down by 2.51% [5] - The company is trading at a Forward P/E ratio of 16.78, which is lower than the industry average of 17.9 [5] Group 5: PEG Ratio and Industry Ranking - CRH has a PEG ratio of 1.47, compared to the average PEG ratio of 1.9 for the Building Products - Miscellaneous industry [6] - The Building Products - Miscellaneous industry ranks in the top 40% of all industries, with a Zacks Industry Rank of 97 [7]
CRH (CRH) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-16 23:01
Group 1: Company Performance - CRH closed at $92.88, reflecting a -1.39% change from the previous day, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, CRH shares increased by 4.88%, outperforming the Construction sector's gain of 4.6% and the S&P 500's gain of 4.51% [1] Group 2: Upcoming Financial Results - CRH is set to announce its earnings on August 6, 2025, with an expected EPS of $1.84, a decrease of 0.54% from the prior-year quarter [2] - The consensus estimate for revenue is $10.33 billion, indicating a 6.99% increase compared to the same quarter of the previous year [2] Group 3: Full Year Projections - For the full year, earnings are projected at $5.64 per share and revenue at $38.11 billion, representing changes of +4.64% and +7.14% from the prior year, respectively [3] Group 4: Analyst Estimates and Stock Performance - Recent adjustments to analyst estimates for CRH reflect short-term business trends, with positive revisions indicating analysts' confidence in performance [4] - Estimate alterations are linked to stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Group 5: Zacks Rank and Valuation - CRH currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 2.06% in the past month [6] - The Forward P/E ratio for CRH is 16.69, which is a discount compared to the industry average of 18.29, and the PEG ratio is 1.46, below the industry average of 1.95 [7] Group 6: Industry Context - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [8]
CRH (CRH) Laps the Stock Market: Here's Why
ZACKS· 2025-06-24 23:15
Group 1 - CRH's stock increased by 1.77% to $91.52, outperforming the S&P 500's gain of 1.11% and the Dow's gain of 1.19%, but underperformed compared to the Construction sector which gained 2.35% [1] - The upcoming financial results for CRH are anticipated to show an EPS of $2.07, reflecting an 11.89% increase year-over-year, with revenue expected to be $10.44 billion, indicating an 8.11% growth [2] - For the full year, analysts expect CRH to report earnings of $5.76 per share and revenue of $38.13 billion, representing increases of 6.86% and 7.18% respectively from the previous year [3] Group 2 - Recent changes in analyst estimates for CRH are important as they reflect short-term business trends, with positive revisions indicating confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, has shown a track record of outperformance, with 1 stocks returning an average of 25% annually since 1988; CRH currently holds a Zacks Rank of 3 (Hold) [5][6] - CRH's Forward P/E ratio is 15.61, which is lower than the industry average of 16.42, suggesting a valuation discount [6] Group 3 - CRH has a PEG ratio of 1.37, which is below the industry average PEG ratio of 1.75, indicating a favorable valuation relative to expected earnings growth [7] - The Building Products - Miscellaneous industry, which includes CRH, is ranked 96 in the Zacks Industry Rank, placing it in the top 40% of over 250 industries, suggesting strong performance potential [8]
CRH (CRH) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-06 00:05
Core Insights - CRH reported revenue of $6.76 billion for the quarter ended March 2025, reflecting a year-over-year increase of 3.4% [1] - The earnings per share (EPS) was -$0.12, a decline from -$0.02 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $6.88 billion, resulting in a surprise of -1.86% [1] - The EPS also missed the consensus estimate of -$0.08, leading to a surprise of -50.00% [1] Revenue Breakdown - Revenue from Americas Materials Solutions was $2.24 billion, below the average estimate of $2.36 billion from three analysts [4] - Revenue from International Solutions reached $2.83 billion, exceeding the average estimate of $2.74 billion from three analysts [4] - Revenue from Americas Building Solutions was $1.68 billion, slightly below the average estimate of $1.70 billion from three analysts [4] Stock Performance - CRH shares have returned +21.8% over the past month, significantly outperforming the Zacks S&P 500 composite, which saw a change of +0.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]