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Update: CRH Q2 Earnings Rise, Revenue Drops; Shares Climb in Premarket
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Update: CRH Q2 Earnings Rise, Revenue Drops; Shares Climb in Premarket
Aug 8, 2024 3:26 AM

06:08 AM EDT, 08/08/2024 (MT Newswires) -- (Adds recent pre-bell stock move in last paragraph.)

CRH (CRH) reported Q2 earnings Thursday of $1.88 per diluted share, up from $1.62 a year earlier.

Four analysts polled by Capital IQ expected $1.78.

Revenue for the quarter ended June 30 was $9.65 billion, compared with $9.71 billion a year earlier.

The company increased its full-year 2024 earnings guidance to $5.40 to $5.60 per share from $5.15 to $5.45 previously. Analysts polled by Capital IQ expect $5.30.

Shares of the construction supplier were up 5.6% in recent Thursday premarket activity.

Price: 80.33, Change: +4.24, Percent Change: +5.57

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