09:50 AM EDT, 05/10/2024 (MT Newswires) -- (Updates with recent stock movement in the headline and first paragraph.)

CRH (CRH) shares were up 5.7% in recent Friday trading after the company swung to Q1 earnings and reported higher Q1 revenue.

The building materials company reported Q1 earnings of $0.16 per diluted share, swinging from a loss of $0.05 a year earlier.

One analyst polled by Capital IQ expected a loss of $0.06.

Revenue for the quarter ended March 31 was $6.53 billion, compared with $6.43 billion a year earlier.

Three analysts surveyed by Capital IQ expected $5.96 billion.

The company said it expects full-year 2024 earnings of $5.15 to $5.45 per diluted share. Analysts polled by Capital IQ expect $5.28.

Price: 84.87, Change: +4.55, Percent Change: +5.66