CRH (CRH) Set to Announce Quarterly Earnings on Friday

CRH (NYSE:CRH) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, May 10th. Analysts expect the company to announce 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 quarterly earnings results on Thursday, February 29th. The construction company reported $1.29 earnings per share for the quarter. The company had revenue of $8.69 billion during 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 Down 1.4 %

Shares of NYSE:CRH opened at $79.79 on Thursday. The company has a 50-day simple moving average of $82.40 and a 200-day simple moving average of $72.07. CRH has a one year low of $47.14 and a one year high of $88.00.

CRH Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Vertical Research assumed coverage on shares of CRH in a research report on Friday, March 22nd. They set a “buy” rating and a $105.00 target price on the stock. Stifel Nicolaus restated a “hold” rating and set a $82.00 target price (up from $80.00) on shares of CRH in a research report on Monday, April 15th. StockNews.com upgraded shares of CRH from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 27th. Truist Financial upped their target price on shares of CRH from $81.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Finally, Citigroup increased their price target on shares of CRH from $101.00 to $106.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.31.

CRH Company Profile

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.