CRH Raises Its 2024 Outlook: Now Expects EPS Of $5.40-$5.60 (Prior $5.15-$5.45) Vs $5.32 Est., And Adjusted EBITDA Of $6.82B-$7.02B (Prior $6.55B-$6.85B)
Portfolio Pulse from Benzinga Newsdesk
CRH has raised its 2024 outlook, now expecting EPS of $5.40-$5.60 (previously $5.15-$5.45) and adjusted EBITDA of $6.82B-$7.02B (previously $6.55B-$6.85B). The company cites strong financial performance, positive business momentum, and recent portfolio activity as reasons for the improved guidance.
August 08, 2024 | 6:13 am
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CRH has raised its 2024 outlook, now expecting EPS of $5.40-$5.60 and adjusted EBITDA of $6.82B-$7.02B, reflecting strong financial performance and positive business momentum.
The raised guidance indicates strong financial performance and positive business momentum, which is likely to positively impact CRH's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100