secwatch.observer — SEC 8-K summary
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Issuer:     Century Communities, Inc. (CCS)
CIK:        0001576940
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001576940-22-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Communities Q1 net income up 40% to $142.5M; record gross margin 28.3%
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- Net income record $142.5M ($4.20 diluted EPS), +40% YoY; pre-tax income $188.8M (+44%).
- Home sales revenue $988.4M; deliveries 2,348 (down 16% YoY) due to supply chain; ASP $421K.
- Adjusted homebuilding gross margin 29.5% (record); pre-tax income margin 18.6% (record); ROE 33.7% (record).
- Backlog record 5,247 homes valued at $2.2B (+28% and +37% YoY); net new contracts 2,944.
- Dividend raised 33% to $0.20/sh; repurchased 1.0M shares for $62.4M; reaffirms FY guidance 11,500-12,500 closings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576940/000157694022000036/0001576940-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576940/000157694022000036/ccs-20220427x8k.htm
  HTML page:      https://secwatch.observer/filing/0001576940-22-000036

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