earnings
confidence high
sentiment positive
materiality 0.85
Century Communities reports record Q4 net income $165M ($4.78/diluted); FY net income $498.5M
Century Communities, Inc.
2021-FY EPS reported
$14.47
revenue$4,216,314,000
- Full-year net income $498.5M ($14.47/diluted) vs $206.2M ($6.13) prior year, up 142%.
- Q4 home sales revenues $1.2B (+22% YoY); deliveries 2,915 homes (record).
- Homebuilding gross margin improved 510 bps to 25.9% in Q4; adjusted margin 27.3%.
- Backlog 4,651 homes valued at $1.9B (+35% and +45% YoY respectively).
- FY 2022 outlook: home deliveries 11,500–12,500; home sales revenues $4.3B–$4.9B.