Century Communities Q2 EPS $1.60, deliveries up 17% QoQ; raises FY outlook

Century Communities, Inc.

2023-Q2 EPS reported $2.63 revenue$1,597,181,000

Net income $51.4M ($1.60 diluted EPS); total revenues $844.2M.
Deliveries 2,235 homes (+17% QoQ); net new home contracts 2,317 (+15% QoQ).
Adjusted homebuilding gross margin 21.0%, up 140 bps from Q1.
Book value per share record $69.39; homebuilding debt to capital 31.2%.
FY 2023 guidance raised: deliveries 8,300-9,000 homes, revenues $3.1B-$3.4B.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Century Communities, Inc. updated its the second quarter ended June 30, 2023 guidance (raised).

Period: the second quarter ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On July 26, 2023, Century Communities, Inc. (the “Company”) issued a press release announcing its results of operations and financial condition as of and for the three and six months ended June 30, 2023.

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Source: SEC EDGAR

accession 0001576940-23-000064

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