CRH (CRH) Expected to Announce Quarterly Earnings on Wednesday

CRH (NYSE:CRH) is expected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $9.00 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

CRH Stock Performance

NYSE CRH opened at $100.36 on Tuesday. CRH has a 1 year low of $71.18 and a 1 year high of $110.97. The stock has a market capitalization of $68.16 billion, a P/E ratio of 20.07, a P/E/G ratio of 1.15 and a beta of 1.30. The business’s fifty day moving average is $98.02 and its two-hundred day moving average is $94.89.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. HSBC assumed coverage on shares of CRH in a research report on Monday, November 11th. They set a “buy” rating and a $116.00 price objective on the stock. Morgan Stanley lifted their price objective on shares of CRH from $95.00 to $104.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. lifted their price objective on shares of CRH from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Hsbc Global Res upgraded shares of CRH to a “strong-buy” rating in a report on Monday, November 11th. Finally, Barclays initiated coverage on shares of CRH in a report on Tuesday, October 29th. They set an “overweight” rating and a $110.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $107.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.