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CRH misses Q3 results and lowers annual guidance

Earnings Whispers +1 · ·by G4L

CRH CRH Plc
$96.26 -0.62%
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  1. 1CRH third-quarter revenue of $11.396 billion rose 3.0%.
  2. 2CRH lowered its annual adjusted EBITDA range to $7.8 billion-$8.0 billion.
  3. 3Management announced a $6 billion share buyback.

So what's the key point?

CRH third-quarter revenue increased to $11.396 billion but was lower than expected. The company lowered its annual profit outlook and decided to buy back $6 billion worth of its own shares.

Source Earnings Whispers +1 · View original ↗

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