CRH (NYSE:CRH) Issues Earnings Results, Misses Estimates By $0.06 EPS

CRH (NYSE:CRH) issued its quarterly earnings results on Monday. The construction company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.06), Zacks reports. The business had revenue of $6.76 billion for the quarter, compared to analysts’ expectations of $6.77 billion. CRH had a net margin of 9.86% and a return on equity of 16.35%. CRH updated its FY 2025 guidance to 5.340-5.800 EPS.

CRH Price Performance

Shares of NYSE:CRH opened at $98.21 on Tuesday. The company has a 50 day moving average of $91.94 and a 200-day moving average of $96.14. CRH has a one year low of $71.18 and a one year high of $110.97. The stock has a market cap of $66.42 billion, a price-to-earnings ratio of 19.64, a P/E/G ratio of 1.15 and a beta of 1.33.

CRH Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 23rd will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.51%. CRH’s dividend payout ratio is 22.66%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their price target on shares of CRH from $118.00 to $114.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 11th. StockNews.com raised CRH from a “hold” rating to a “buy” rating in a research report on Thursday, February 27th. Berenberg Bank set a $120.00 price target on shares of CRH in a report on Friday, February 28th. Loop Capital assumed coverage on CRH in a research report on Wednesday, April 9th. They issued a “buy” rating and a $114.00 price objective for the company. Finally, Citigroup reduced their price objective on shares of CRH from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, January 6th. Eleven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $112.36.

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.