Feb. 19 at 5:44 PM
CRH projected 2026 Ebitda of
$8.1 billion to
$8.5 billion, in line with Wall Street’s
$8.3 billion midpoint estimate. Despite the solid outlook, shares fell 1.3% in early trading, even as results met expectations.
Fourth-quarter earnings per share came in at
$1.52 on
$9.4 billion in revenue, matching profit forecasts but slightly missing on sales. Management said 2026 should improve on 2025, supported by federal infrastructure spending, higher aggregate prices, and U.S. reindustrialization tied to hyperscaler data-center investment, offsetting weakness in residential construction.
The muted reaction contrasts with sharper post-earnings drops at rivals Vulcan Materials and Martin Marietta Materials, whose recent guidance disappointed investors. Still, with CRH stock up about 13% over the past year and trading near 20 times forward earnings, investors may have been hoping for stronger upside guidance in what is expected to be a record year for U.S. infrastructure spending.
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