With a market capitalization of about $55.3 billion, CRH plc (CRH) is a global building materials company that manufactures and supplies essential construction products, including cement, aggregates, ready-mixed concrete, and asphalt. The Dublin, Ireland-based company serves infrastructure, commercial, residential, and transportation markets, supporting the development and maintenance of roads, bridges, buildings, and other critical infrastructure projects.
CRH is set to report its Q3 earnings on Thursday, Oct. 29, before the market opens. Ahead of the release, analysts expect the company to report diluted EPS of $2.14, down 3.2% from $2.21 in the year-ago quarter. CRH has exceeded or met Wall Street's EPS estimates in three of the last four quarters and missed expectations in the last quarter.
More Top Stocks Daily: Go behind Wall Street’s hottest headlines with Barchart’s Active Investor newsletter.
For fiscal 2026, analysts expect the company to report EPS of $5.83, up 4.7% from $5.57 in fiscal 2025. Moreover, its EPS is projected to improve 12.4% year over year to $6.55 in fiscal 2027.
www.barchart.comCRH stock has gained 27.4% over the past 52 weeks, slightly outperforming both the S&P 500 Index ($SPX), which returned 14.5%, and the State Street Materials Select Sector SPDR ETF (XLB), which climbed 15.2% during the same period.
www.barchart.comOn Oct. 7, CRH announced an agreement to acquire NCC Industry’s operations in Denmark and Finland from NCC AB, expanding its aggregates and asphalt businesses in the Nordic region. The acquisition will strengthen CRH’s presence in Denmark’s road and infrastructure markets and complement its existing operations in Finland. The deal aligns with CRH’s strategy to build an aggregates-led portfolio and capitalize on growing infrastructure demand. The transaction is subject to regulatory approvals and customary closing conditions, with completion expected in 2027.
Analysts remain bullish on CRH, with the stock earning a consensus "Strong Buy" rating. Among the 22 analysts covering the stock, 20 recommend a "Strong Buy," one rates it a "Moderate Buy," and one suggests "Hold." The average price target of $122.81 implies a potential upside of 44.2% from the current share price.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
CoreWeave’s Debt Sparks AI Contagion Fears, But This Top Tech Investor Says Investors Are Missing Something Oracle Stock Is Falling as AI Spending Worries Mount. Most Analysts Think ORCL Could Rebound. What to Expect from SoFi’s Q3 Earnings Tesla’s Flying Car Isn’t the Game Changer Investors May Believe It Is