earnings
confidence high
sentiment positive
materiality 0.80
Century Communities Q4 net income $91.3M; record deliveries 3,157 homes; FY2024 guidance 10k-11k homes
Century Communities, Inc.
2023-FY EPS reported
$8.05
revenue$3,692,185,000
- Q4 net income $91.3M ($2.83 diluted EPS) up 15% YoY; adjusted $94.5M ($2.93).
- Q4 deliveries 3,157 (quarterly record), up 39% sequentially; full year 9,568 homes.
- Net new home contracts Q4 2,340, up 86% YoY; backlog 1,070 homes worth $400.8M.
- FY2024 guidance: deliveries 10,000-11,000 homes, home sales revenues $3.8B-$4.2B.
- Net homebuilding debt to net capital 22.4% (record low); book value $75.12 per share (record).