earnings
confidence high
sentiment positive
materiality 0.75
Century Communities Q3 deliveries +25% YoY, raises FY guidance
Century Communities, Inc.
2024-Q3 EPS reported
$7.19
revenue$3,124,859,000
- Home sales revenue $1.1B (+29% YoY); deliveries 2,834 homes (+25% YoY); net new contracts 2,563 (+19% YoY).
- Net income $83.0M ($2.59 diluted EPS); adjusted net income $87.0M ($2.72 diluted EPS).
- Adjusted homebuilding gross margin 23.6%; homebuilding gross margin 21.7%.
- Community count 305 (record, +21% YoY); acquired Anglia Homes (ninth homebuilder acquisition).
- Updated FY 2024 guidance: deliveries 10,900-11,300, home sales revenues $4.3-4.4B.