earnings
confidence high
sentiment positive
materiality 0.80
Century Communities reports record Q3: net income up 129% to $114M, EPS $3.31; gross margin 25.7%
Century Communities, Inc.
2021-Q3 EPS reported
$9.69
revenue$3,009,512,000
- Net income $114.0M ($3.31 diluted EPS), up 129%; adjusted net income $125.3M ($3.63 diluted).
- Homebuilding gross margin 25.7% (820 bps improvement); adjusted gross margin 27.2%.
- Home sales revenues $917.3M (+21%); deliveries 2,322 homes (record).
- Backlog 4,866 homes valued at $1.9B (records); new contracts 2,742, down 14% YoY.
- FY2021 guidance: revenue $3.9-4.1B, deliveries 10,750-11,500.