---
schema_version: "secwatch.filing_event.v1"
accession: "0001576940-23-000032"
form_type: "8-K"
ticker: "CCS"
cik: "0001576940"
company_name: "Century Communities, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:50:51.508408+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Century Communities Q1 net income $33.3M ($1.04 EPS); raises FY2023 delivery and revenue guidance

## Summary
- Deliveries of 1,912 homes; total revenues $753.0M; net new home contracts 2,022.
- Homebuilding gross margin 18.2%; adjusted gross margin 19.6%.
- Quarterly dividend raised 15% to $0.23 per share.
- FY2023 guidance raised: deliveries 7,250–8,250; home sales revenues $2.7B–$3.2B.
- Net homebuilding debt to net capital improved to 21.5%; community count record 234.

## SEC filing metadata
- accession: 0001576940-23-000032
- form_type: 8-K
- ticker: CCS
- cik: 0001576940
- company_name: Century Communities, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576940/000157694023000032/0001576940-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576940/000157694023000032/ccs-20230426x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576940-23-000032
- JSON: https://secwatch.observer/filing/0001576940-23-000032.json
- Plain text: https://secwatch.observer/filing/0001576940-23-000032.txt

## Key facts
- Earnings Releases
  Century Communities, Inc. reported first quarter ended March 31, 2023 results: revenue $753.0 million, net income $33.3 million, EPS $1.04 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $753.0 million
  - Net income: $33.3 million
  - EPS: $1.04 per diluted share
  - Result: reported results
  source text: Net income for the first quarter 2023 was $33.3 million, or $1.04 per diluted share. Total revenues were $753.0 million, while first quarter home sales revenues totaled $735.6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576940/000157694023000032/0001576940-23-000032-index.htm
- Earnings Releases
  Century Communities, Inc. reported full year 2023 results: revenue $2.7 billion to $3.2 billion. Guidance raised.
  - Period: full year 2023
  - Revenue: $2.7 billion to $3.2 billion
  - Guidance: raised
  - Result: guidance update
  source text: As a result of the improvement in sales activity that we experienced in the first quarter and our ability to start more homes , w e are increasing our full year 2023 guidance for home deliveries to be in the range of 7,250 to 8,250 homes and our home sales revenues to be in the range of $2.7 billion to $3.2 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576940/000157694023000032/0001576940-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.