CRH Earnings Prediction
The chart below shows how CRH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CRH sees a -0.77% change in stock price 10 days leading up to the earnings, and a +6.55% change 10 days following the report. On the earnings day itself, the stock moves by +0.67%. This data can give you a slight idea of what to expect for the next quarter's release.
CRH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
10.52B
--
8.92%
Gross Margin
38.60%
--
1.39%
Operating Margin
18.10%
--
0.95%
Net Margin
13.21%
--
-2.58%
EPS
2.01
--
6.91%
No Data Available
CRH Earnings Analysis
CRH Public Limited Company Corporation (CRH.N) Earnings Conference Call
Positive
Revenue Increase Q3 2024: 1. Strong Revenue Growth: CRH reported total revenues of $10.5 billion for Q3 2024, a 4% increase compared to the prior year, driven by robust underlying demand and contributions from acquisitions.
EBITDA Growth Achievement: 2. Significant EBITDA Increase: The company achieved adjusted EBITDA of $2.5 billion, which is 12% higher than the previous year, reflecting strong commercial progress and effective cost management.
Margin Expansion Achievement: 3. Margin Expansion: CRH experienced a margin expansion of 170 basis points in Q3 2024, demonstrating effective pricing strategies and operational efficiencies despite inflationary pressures.
Shareholder Cash Returns: 4. Robust Cash Returns: The ongoing share buyback program has returned approximately $1.2 billion to shareholders year-to-date, with an additional quarterly tranche of $300 million announced.
Dividend Increase Announcement: 5. Increased Dividend: The Board declared a new quarterly dividend of $0.35 per share, marking a 5% annualized increase, reflecting the company's commitment to long-term dividend growth.
Negative
Net Debt Increase: 1. Increased Net Debt: CRH's net debt position rose to $11.2 billion at the end of September, up from $5.4 billion at the end of 2023, indicating a significant increase in leverage.
Declining Building Solutions EBITDA: 2. Declining Adjusted EBITDA in Building Solutions: The adjusted EBITDA for the Building Solutions segment was reported to be 2% behind the prior year on a 9-month basis, reflecting challenges in the new build residential segment.
Weather Impact on Operations: 3. Weather-Related Disruptions: Significant weather disruptions impacted operations in the southern region of the U.S., affecting overall performance despite strong underlying demand.
Residential Construction Challenges: 4. Subdued Demand in Residential Construction: The new build residential market continues to show weakness, with expectations for gradual improvement only in the second half of 2025, indicating ongoing challenges in this segment.
Cost Inflation Impact: 5. Cost Inflation Pressures: The company anticipates mid-single-digit cost inflation in 2024, particularly in labor and raw materials, which could pressure margins despite positive pricing momentum.
CRH FAQs
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CRH Earning Call Sentiment
CRH plc (CRH) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CRH.N
-2.2%Positive
The earnings call summary indicates strong financial performance with a 4% revenue increase and 12% EBITDA growth. The company has a robust acquisition strategy and is returning significant capital to shareholders through dividends and buybacks. While there are concerns about economic uncertainty and integration risks, management's reaffirmed guidance and optimistic outlook on public construction demand are positive indicators. The Q&A section reveals management's confidence despite some unclear responses. Overall, the positive financial metrics, capital return plans, and strategic growth initiatives suggest a likely positive stock price movement.