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In the last reported quarter, the company surpassed the Zacks Consensus Estimate for adjusted earnings and total revenues by 12.8% and 0.5%, respectively. Year over year, adjusted earnings and total revenues increased 14% and 6%, respectively.
CRH’s earnings topped the consensus mark in two of the last four quarters, met on one occasion and missed on the remaining occasion, with an average surprise of 2.6%.
Trend in the Estimate Revision of CRH
The Zacks Consensus Estimate for CRH’s third-quarter earnings has trended downward from $2.27 to $2.14 per share over the past 30 days. The estimate implies a 3.2% year-over-year decline from the prior-year quarter.
The consensus estimate for total revenues is pegged at $11.72 billion, indicating 5.9% year-over-year growth.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape CRH's Quarterly Results
Revenues
CRH's third-quarter performance is likely to have benefited from favorable infrastructure demand, positive pricing momentum and contributions from acquisitions. Continued investments in transportation, water infrastructure and reindustrialization projects are expected to have supported demand for building materials in the to-be-reported quarter. Management highlighted strong state and federal infrastructure funding, along with positive momentum in bidding activity and project backlogs. The company anticipated that approximately 40% of Infrastructure Investment and Jobs Act (IIJA) funding would remain undeployed at the end of 2026, providing visibility into future construction activity.
The Americas Materials Solutions segment is likely to have benefited from favorable pricing, strong infrastructure demand and healthy project backlogs. Management's expectation for mid-single-digit aggregates pricing growth in 2026, along with increased road construction activity, is likely to have supported revenues. Growing investments in data centers, advanced manufacturing and energy infrastructure are expected to have boosted demand for CRH's building materials and solutions. Contributions from the Axius Water acquisition and Eco Material Technologies are also likely to have aided top-line growth, partly offset by non-core divestitures.
The Zacks Consensus Estimate for revenues from the Americas Materials Solutions (which contributed 46% of second-quarter 2026 revenues) and Americas Building Solutions (20% of second-quarter revenues) operations is pegged at $6.17 billion and $1.81 billion, respectively, reflecting year-over-year growth of 9.5% and 0.7%. The consensus mark for revenues from the International Solutions (34% of second-quarter revenues) operations is pegged at $3.74 billion, indicating a 2.9% increase year over year.
Margins
On the margin front, elevated haulage rates and persistent cost inflation are likely to have pressured CRH's profitability, particularly within Americas Building Solutions. Subdued residential demand and the lag in recovering higher costs through pricing may have further weighed on margins in the to-be-reported quarter.
However, the company's pricing surcharges, cost-reduction measures and operational improvement initiatives are expected to have partly mitigated these pressures. Management anticipates inflationary pressures to moderate during the second half of 2026, while procurement efficiencies and acquisition synergies are likely to have provided some margin support.
The Zacks Consensus Estimate for adjusted EBITDA from the Americas Materials Solutions, Americas Building Solutions and International Solutions operations is pegged at $1.7 billion, $398 million and $716 million, respectively, reflecting a year-over-year increase of 9.3%, a decline of 7.9% and an increase of 1.1% from $1,555 million, $432 million and $708 million reported in the year-ago quarter.
What the Zacks Model Unveils for CRH
Our proven model does not predict an earnings beat for CRH this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, it is not the case here.
CRH’s Earnings ESP: The company has an Earnings ESP of -1.72%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
CRH’s Zacks Rank: The stock currently carries a Zacks Rank of 3.
Stocks With the Favorable Combination
Here are some stocks from the Zacks Construction sector, which, per our model, have the right combination of elements to deliver an earnings beat this time.
With the average surprise being 44.2%, Argan’s earnings beat estimates in each of the past four quarters. Argan is expected to register a 53.9% increase in earnings for the to-be-reported quarter.
Sterling Infrastructure, Inc. (STRL - Free Report) currently has an Earnings ESP of +0.80% and a Zacks Rank of 2.
With the average surprise being 27.2%, Sterling’s earnings beat estimates in each of the last four quarters. Sterling is expected to register a 74.4% increase in earnings for the to-be-reported quarter.
Quanta Services (PWR - Free Report) has an Earnings ESP of +2.66% and a Zacks Rank of 3.
With the average surprise being 17%, Quanta Services’ earnings beat estimates in each of the last four quarters. Quanta Services is expected to register a 50.5% increase in earnings for the to-be-reported quarter.
View the Zacks #1 Rank List
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CRH Gears Up for Q3 Earnings: What's in the Offing for the Stock?
Key Takeaways
CRH plc (CRH - Free Report) is scheduled to release third-quarter 2026 results on Oct. 29, before the opening bell.
In the last reported quarter, the company surpassed the Zacks Consensus Estimate for adjusted earnings and total revenues by 12.8% and 0.5%, respectively. Year over year, adjusted earnings and total revenues increased 14% and 6%, respectively.
CRH’s earnings topped the consensus mark in two of the last four quarters, met on one occasion and missed on the remaining occasion, with an average surprise of 2.6%.
Trend in the Estimate Revision of CRH
The Zacks Consensus Estimate for CRH’s third-quarter earnings has trended downward from $2.27 to $2.14 per share over the past 30 days. The estimate implies a 3.2% year-over-year decline from the prior-year quarter.
CRH PLC Price, Consensus and EPS Surprise
CRH PLC price-consensus-eps-surprise-chart | CRH PLC Quote
The consensus estimate for total revenues is pegged at $11.72 billion, indicating 5.9% year-over-year growth.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape CRH's Quarterly Results
Revenues
CRH's third-quarter performance is likely to have benefited from favorable infrastructure demand, positive pricing momentum and contributions from acquisitions. Continued investments in transportation, water infrastructure and reindustrialization projects are expected to have supported demand for building materials in the to-be-reported quarter. Management highlighted strong state and federal infrastructure funding, along with positive momentum in bidding activity and project backlogs. The company anticipated that approximately 40% of Infrastructure Investment and Jobs Act (IIJA) funding would remain undeployed at the end of 2026, providing visibility into future construction activity.
The Americas Materials Solutions segment is likely to have benefited from favorable pricing, strong infrastructure demand and healthy project backlogs. Management's expectation for mid-single-digit aggregates pricing growth in 2026, along with increased road construction activity, is likely to have supported revenues. Growing investments in data centers, advanced manufacturing and energy infrastructure are expected to have boosted demand for CRH's building materials and solutions. Contributions from the Axius Water acquisition and Eco Material Technologies are also likely to have aided top-line growth, partly offset by non-core divestitures.
The Zacks Consensus Estimate for revenues from the Americas Materials Solutions (which contributed 46% of second-quarter 2026 revenues) and Americas Building Solutions (20% of second-quarter revenues) operations is pegged at $6.17 billion and $1.81 billion, respectively, reflecting year-over-year growth of 9.5% and 0.7%. The consensus mark for revenues from the International Solutions (34% of second-quarter revenues) operations is pegged at $3.74 billion, indicating a 2.9% increase year over year.
Margins
On the margin front, elevated haulage rates and persistent cost inflation are likely to have pressured CRH's profitability, particularly within Americas Building Solutions. Subdued residential demand and the lag in recovering higher costs through pricing may have further weighed on margins in the to-be-reported quarter.
However, the company's pricing surcharges, cost-reduction measures and operational improvement initiatives are expected to have partly mitigated these pressures. Management anticipates inflationary pressures to moderate during the second half of 2026, while procurement efficiencies and acquisition synergies are likely to have provided some margin support.
The Zacks Consensus Estimate for adjusted EBITDA from the Americas Materials Solutions, Americas Building Solutions and International Solutions operations is pegged at $1.7 billion, $398 million and $716 million, respectively, reflecting a year-over-year increase of 9.3%, a decline of 7.9% and an increase of 1.1% from $1,555 million, $432 million and $708 million reported in the year-ago quarter.
What the Zacks Model Unveils for CRH
Our proven model does not predict an earnings beat for CRH this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, it is not the case here.
CRH’s Earnings ESP: The company has an Earnings ESP of -1.72%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
CRH’s Zacks Rank: The stock currently carries a Zacks Rank of 3.
Stocks With the Favorable Combination
Here are some stocks from the Zacks Construction sector, which, per our model, have the right combination of elements to deliver an earnings beat this time.
Argan, Inc. (AGX - Free Report) has an Earnings ESP of +4.79% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
With the average surprise being 44.2%, Argan’s earnings beat estimates in each of the past four quarters. Argan is expected to register a 53.9% increase in earnings for the to-be-reported quarter.
Sterling Infrastructure, Inc. (STRL - Free Report) currently has an Earnings ESP of +0.80% and a Zacks Rank of 2.
With the average surprise being 27.2%, Sterling’s earnings beat estimates in each of the last four quarters. Sterling is expected to register a 74.4% increase in earnings for the to-be-reported quarter.
Quanta Services (PWR - Free Report) has an Earnings ESP of +2.66% and a Zacks Rank of 3.
With the average surprise being 17%, Quanta Services’ earnings beat estimates in each of the last four quarters. Quanta Services is expected to register a 50.5% increase in earnings for the to-be-reported quarter.