secwatch.observer — SEC 8-K summary
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Issuer:     Century Communities, Inc. (CCS)
CIK:        0001576940
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001576940-23-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Communities posts record FY2022 net income $525.1M; guides 2023 deliveries 7,000-8,000
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- Net income of $79.5M ($2.47 diluted EPS) in Q4; full year record net income $525.1M ($15.92 diluted EPS).
- Record home sales revenues of $1.2B in Q4 and $4.4B for FY2022; deliveries of 2,903 and 10,594 homes.
- Book value per share rose to $67.67; net homebuilding debt to net capital improved to 23.5%, a record low.
- Adjusted homebuilding gross margin (excl. impairment & interest) was 19.8% in Q4 vs 26.0% for FY2022.
- Guidance for FY2023: deliveries 7,000-8,000 homes; home sales revenues $2.6B-$3.1B; quarterly dividend maintained at $0.20/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576940/000157694023000003/0001576940-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576940/000157694023000003/ccs-20230201x8k.htm
  HTML page:      https://secwatch.observer/filing/0001576940-23-000003

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