earnings
confidence high
sentiment positive
materiality 0.75
CRH Q3 revenue +4%, adj EBITDA +12% to $2.5B; reaffirms FY24 guidance midpoint
CRH PUBLIC LTD CO
2024-Q3 EPS reported
$4.00
revenue$26,702,000,000
- EPS $1.99 (+10% YoY) on net income $1.4B (+5%); revenue $10.5B (+4%).
- Adjusted EBITDA margin 23.3% (+170bps); Americas Materials +16%, Europe Materials +24%.
- Completed 12 acquisitions for $1.4B in Q3; YTD M&A $3.9B; divestitures $1.2B YTD.
- Declared $0.35 quarterly dividend (+5% annualized); new $0.3B buyback tranche commenced.
- Potential non-cash impairment of $0.3-0.4B on China investment and Architectural Products.