CRH PLC reports results for the quarter ended June 30 - Earnings Summary

• CRH PLC CRH reported quarterly adjusted earnings of $1.96​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.85. The mean expectation of eight analysts for the quarter was for earnings of $1.93 per share. Wall Street expected results to range from $1.79 to $2.01 per share.

• Revenue rose 5.7% to $10.21 billion from a year ago; analysts expected $10.14 billion.

• CRH PLC's reported EPS for the quarter was $1.94​.

• The company reported quarterly net income of $1.32 billion.

• CRH PLC shares had risen by 6.7% this quarter and gained 5.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.2% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction materials peer group is also "buy"

• Wall Street's median 12-month price target for CRH PLC is $112.00, about 12.9% above its last closing price of $97.60

This summary was machine generated from LSEG data August 6 at 10:34 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)