CRH Q3 2026: EPS Beat, Guidance Cut, and a $6 Billion Buyback
As seen on the 24/7 Wall St. homepage on October 29, 2026.
The full-year adjusted EBITDA outlook came down to $7.8 billion to $8.0 billion from $8.1 billion to $8.5 billion, absorbing early costs from the just-closed Arcosa deal, cost inflation and a weak residential market. A new $6 billion buyback running through 2030 cushions the cut, with EPS beating expectations and revenue missing expectations.
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CRH posted adjusted diluted EPS of $2.09 for the third quarter, beating expectations, while revenue came in slightly below analyst estimates.
CRH cut its full-year 2026 adjusted EBITDA outlook to $7.8 billion to $8.0 billion, absorbing early integration costs from its acquisition of Arcosa, cost inflation and a weak residential construction market.
Management paired the guidance revision with a new $6 billion share buyback program authorized through the end of 2030, signaling confidence in the company's cash generation.
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A $178 million impairment charge tied to the Philippines reporting unit weighed on GAAP diluted EPS, while Americas Materials Solutions revenue grew 6% on firmer aggregates and asphalt pricing.
Management called the 2027 demand outlook positive, citing public infrastructure investment and reindustrialization. The Velocity transformation program adds another lever as the company works through the Arcosa integration drag.
Mentioned: CRH