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CRH (CRH) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-06 00:05
For the quarter ended March 2025, CRH (CRH) reported revenue of $6.76 billion, up 3.4% over the same period last year. EPS came in at -$0.12, compared to -$0.02 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.88 billion, representing a surprise of -1.86%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being -$0.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...
CRH(CRH) - 2025 Q1 - Quarterly Report
2025-05-05 20:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32846 CRH public limited company (Exact name of registrant as specified in its charter) Ireland 98-0366809 (State or other jurisdiction of in ...
CRH(CRH) - 2025 Q1 - Quarterly Results
2025-05-05 20:20
Exhibit 99.1 Q1 2025 Results NEW YORK - May 5, 2025 – CRH (NYSE: CRH), a leading provider of building materials solutions, today reported first quarter 2025 financial results. Key Highlights | Summary Financials | Q1 2025 | Change | | --- | --- | --- | | Total revenues | $6.8bn | +3% | | Net (loss) income | ($98m) | 1 n/m | | Net (loss) income margin | (1.5%) | (320bps) | | Adjusted EBITDA* | $495m | +11% | | Adjusted EBITDA margin* | 7.3% | +50bps | | Diluted (loss) earnings per share | ($0.15) | 1 n/m | A ...
CRH (CRH) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-04-29 23:05
In the latest trading session, CRH (CRH) closed at $93.46, marking a +0.45% move from the previous day. The stock lagged the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 0.55%.The building material company's shares have seen an increase of 5.76% over the last month, surpassing the Construction sector's loss of 1.18% and the S&P 500's loss of 0.84%.The upcoming earnings release of CRH will be of great interest to investor ...
CRH (CRH) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-04-25 23:21
Company Performance - CRH's stock closed at $92.44, reflecting a +1.19% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.74% [1] - Over the past month, CRH shares experienced a loss of 0.86%, which is better than the Construction sector's loss of 6.25% and the S&P 500's loss of 4.77% [1] Upcoming Earnings - CRH is set to release its earnings report on May 5, 2025, with an expected EPS of -$0.06, indicating a 200% decline compared to the same quarter last year [2] - The consensus estimate for CRH's revenue is $6.88 billion, representing a 5.38% increase from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates project earnings of $5.78 per share and revenue of $37.8 billion, reflecting changes of +7.24% and +6.28% respectively from the prior year [3] Analyst Estimates - Recent changes to analyst estimates for CRH are important as they reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - Adjustments in estimates are correlated with stock price performance, and the Zacks Rank system has been developed to integrate these changes [5] Zacks Rank and Valuation - CRH currently holds a Zacks Rank of 3 (Hold), with a 0.17% decline in the Zacks Consensus EPS estimate over the past month [6] - The company has a Forward P/E ratio of 15.81, which is a premium compared to the industry's average Forward P/E of 15.41, and a PEG ratio of 1.45, lower than the industry average PEG ratio of 1.82 [7] Industry Context - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 154, placing it in the bottom 38% of over 250 industries [8]
CRH Expands Market Reach With Mulch and Soil Acquisition
ZACKS· 2025-03-27 14:15
Oldcastle APG, a CRH plc (CRH) company, has announced the acquisition of the bagged and bulk mulch and soil assets of H&H General Excavating. This strategic move expands Oldcastle APG’s Lawn & Garden division, reinforcing its leadership in outdoor living solutions.Strengthening Northeast Market PresenceWith the addition of H&H’s facilities in Spring Grove and York, PA, Oldcastle APG broadens its product range and enhances its service capabilities in the Northeast. The acquisition ensures greater customer ac ...
Here's Why CRH (CRH) Gained But Lagged the Market Today
ZACKS· 2025-03-17 23:20
Core Viewpoint - CRH's stock performance has lagged behind major indices, with a notable decline over the past month, and upcoming earnings are anticipated to show a significant drop in EPS compared to the previous year [1][2]. Financial Performance - The upcoming EPS for CRH is projected at -$0.06, indicating a 200% decrease year-over-year [2]. - Revenue is expected to reach $7.05 billion, reflecting a 7.9% increase compared to the same quarter last year [2]. - For the full year, earnings are projected at $5.82 per share and revenue at $38.09 billion, representing increases of 7.98% and 7.09% respectively from the prior year [3]. Analyst Estimates and Market Sentiment - Recent revisions to analyst estimates have shown a 3.76% decrease in the Zacks Consensus EPS estimate over the past month, indicating a bearish sentiment [5]. - CRH currently holds a Zacks Rank of 4 (Sell), suggesting a negative outlook from analysts [5]. Valuation Metrics - CRH is trading at a Forward P/E ratio of 16.68, which is above the industry average of 16.32, indicating a premium valuation [6]. - The company has a PEG ratio of 1.21, compared to the industry average of 1.76, suggesting a more favorable growth expectation relative to its price [7]. Industry Context - The Building Products - Miscellaneous industry, which includes CRH, has a Zacks Industry Rank of 155, placing it in the bottom 39% of over 250 industries [7].
Should You Invest in CRH (CRH) Based on Bullish Wall Street Views?
ZACKS· 2025-03-07 15:30
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on CRH, and highlights the disparity between brokerage ratings and actual stock performance, suggesting that investors should be cautious in relying solely on these recommendations [1][4][9]. Group 1: Brokerage Recommendations for CRH - CRH has an average brokerage recommendation (ABR) of 1.29, indicating a consensus between Strong Buy and Buy, with 79% of recommendations being Strong Buy and 10.5% being Buy [2][12]. - The ABR is based on recommendations from 19 brokerage firms, with 15 Strong Buy and 2 Buy ratings [2]. Group 2: Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations often do not successfully guide investors in selecting stocks with the highest price increase potential [4][9]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, issuing five Strong Buy recommendations for every Strong Sell [5][9]. Group 3: Zacks Rank vs. ABR - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from Strong Buy to Strong Sell and is based on earnings estimate revisions, which are more effective in predicting near-term stock price movements [7][10]. - Unlike the ABR, which may not be up-to-date, the Zacks Rank reflects timely changes in earnings estimates, providing a more accurate prediction of future stock prices [11]. Group 4: Current Earnings Estimates for CRH - The Zacks Consensus Estimate for CRH has declined by 4% over the past month to $5.84, indicating growing pessimism among analysts regarding the company's earnings prospects [12]. - This decline in earnings estimates has resulted in a Zacks Rank of 4 (Sell) for CRH, suggesting that the positive ABR should be viewed with caution [13].
CRH plc Q4 Results: Hard To See The Forest For The Trees
Seeking Alpha· 2025-03-03 23:14
Group 1 - CRH plc (NYSE: CRH) recently reported Q4 results, prompting a detailed analysis of the numbers and short-term outlook [1] - The analysis reflects a skeptical view on the immediate future, indicating a preference for long-term investment strategies with a 5-10 year horizon [1] - The investment philosophy emphasizes a diversified portfolio consisting of growth, value, and dividend-paying stocks, with a particular focus on value [1]
CRH(CRH) - 2024 Q4 - Earnings Call Transcript
2025-02-27 18:51
Financial Data and Key Metrics Changes - Total full year revenues reached $35.6 billion, a 2% increase from the prior year, driven by resilient underlying demand and contributions from acquisitions [14] - Adjusted EBITDA for the full year was $6.9 billion, up 12% year-over-year, with a margin expansion of 180 basis points [14] - Earnings per share increased by 18% compared to the previous year, with returns improving to 15.5% in 2024, up 20 basis points [15] Business Line Data and Key Metrics Changes - **Americas Materials Solutions**: Full year sales and adjusted EBITDA were up 5% and 22% respectively, primarily due to price increases and operational efficiencies [17] - **Essential Materials**: Revenues increased by 5%, supported by a 10% price growth in aggregates and 8% in cement [17] - **Road Solutions**: Revenues also rose by 5%, driven by improved pricing in asphalt and ready-mix concrete [17] - **Americas Building Solutions**: Profitability was slightly behind the previous year due to challenging weather and subdued demand in new-build residential segments [22] - **International Solutions**: Adjusted EBITDA increased by 7% with a 120 basis point margin expansion, supported by positive pricing momentum [23] Market Data and Key Metrics Changes - Infrastructure remains the largest end-market, supported by robust state and federal funding, with only a third of highway funds from the IIJA deployed to date [19][50] - Non-residential construction segments, including manufacturing facilities and data centers, showed good activity levels [20] - In international markets, demand in Central and Eastern Europe is supported by public and private funding, while Western Europe is stabilizing [23][24] Company Strategy and Development Direction - The company focuses on capital allocation to support strategic growth initiatives, having invested $5 billion in 40 acquisitions in 2024 [11][30] - The strategy emphasizes a customer-connected solutions approach, integrating materials and services across the construction value chain to maximize growth and profitability [12] - Future growth is expected to be driven by urbanization, transportation, and critical infrastructure megatrends [43][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the positive market backdrop for 2025, particularly in infrastructure and non-residential sectors [58][61] - The company anticipates continued demand supported by state and federal funding, with expectations for adjusted EBITDA between $7.3 billion and $7.7 billion for 2025 [52] - The outlook for residential construction remains subdued in the short term, but long-term fundamentals are considered attractive [50] Other Important Information - The company declared a new quarterly dividend of $0.37 per share, representing a 6% increase from the prior year, continuing a track record of over 40 years of dividend growth [32] - The net debt at year-end was $10.5 billion, with a net debt to adjusted EBITDA ratio of 1.5 times [31] Q&A Session Summary Question: Additional color on the '25 outlook in terms of end-markets segments - Management highlighted a positive market backdrop across key markets, particularly in U.S. infrastructure supported by ongoing funding [58][61] Question: Guidance for U.S. aggregates volumes and pricing - Expected low single-digit volume improvement and mid-to-high single-digit pricing growth for aggregates in 2025, supported by strong backlogs [72] Question: M&A expectations for acquired assets - Management expects outsized margin improvement from acquired assets, driven by operational performance and synergies [75][77] Question: Changes in strategic direction under new CEO - The company will continue its successful strategy while focusing more on innovation and technology to enhance construction processes [83][85] Question: Focus areas for M&A in 2025 - The company sees opportunities in higher growth markets and emphasizes the connected nature of its portfolio for superior returns [90][92] Question: Update on the cost environment for 2025 - The company anticipates mid single-digit cost increases due to inflationary pressures, highlighting the importance of continued pricing momentum [100][101] Question: Infrastructure funding concerns - Management remains optimistic about bipartisan support for infrastructure investment, with significant funding still to be deployed [109][111] Question: Margin trajectory for the business - The company aims for continued margin expansion, emphasizing a culture of continuous improvement and operational excellence [120][121]