CRH Q2 Profit Jumps 13% to $1.5B, Revenue Up 5.6%
CRH is trading near its 52-week low of $93.58 (11% above the low).
Summary
CRH delivered a strong Q2, with net income rising 13% to $1.486 billion and revenue up 5.6% to $10.777 billion. EPS of $2.21 beat last year's $1.94. The company reaffirmed full-year EPS guidance of $5.60 to $6.05, signaling confidence despite the pending $8.5 billion Arcosa acquisition. This follows the June announcement of the Arcosa deal and the July term loan arrangement, showing operational momentum alongside strategic expansion. The results and guidance provide a solid foundation as the company integrates the acquisition, expected to close in Q1 2027.
At the time of this announcement, CRH was trading at $103.58 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $66.6B. The 52-week trading range was $93.58 to $131.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.