CRH Posts Q2 Earnings Beat but Housing Weakness and Costs Keep Risk-Reward Balanced

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

CRH reported second-quarter adjusted earnings of $2.21 per share, beating the Zacks Consensus Estimate of $1.96 by 12.8% and rising 14% year over year, while revenues grew 6% to $10.78 billion. The company reaffirmed 2026 adjusted EBITDA guidance of $8.1 billion to $8.5 billion and earnings guidance of $5.60 to $6.05 per share, supported by infrastructure demand that represents 40% of its fiscal 2025 end-market exposure. However, Americas Building Solutions revenues declined 2% to $2.12 billion and adjusted EBITDA fell 8% to $462 million, pressured by subdued U.S. new-build housing, cost inflation, and divestitures. Net debt rose to $15.4 billion as of June 30, 2026, from $14.2 billion at year-end 2025, and the company paused share buybacks after announcing the Arcosa acquisition. CRH carries a Zacks Rank #3 (Hold), with a forward price-to-earnings ratio of 15.32 that is below its sub-industry average of 18.41 but above its five-year median of 14.58.

Impact on stocks 4

Materials · 3 stocks
Energy Transition & Power Demand · 1 stocks
Arcosa Inc
ACA
± MixedCapitalrelevance

Arcosa acquisition mentioned as reason for paused buybacks, but impact on Arcosa not detailed.

Off-coverage companies 1

Caisse de Refinancement de l'HabitatPrivate± Mixed
relevance