Century Communities Q4 revenue beats expectations

Reuters
Jan 29
<a href="https://laohu8.com/S/CCS">Century Communities</a> Q4 revenue beats expectations

Overview

  • U.S. homebuilder's Q4 revenue rose, beating analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

  • Company repurchased 333,881 shares for $20 mln

Outlook

  • Century Communities expects 2026 new home deliveries between 10,000 and 11,000 homes

  • Company forecasts 2026 home sales revenues of $3.6 bln to $4.1 bln

  • Century Communities anticipates mid-single digit increase in average open communities

Result Drivers

  • STRONG DEMAND - Century Communities reported a 13% increase in net orders and a 22% rise in new home deliveries sequentially, indicating strong demand for affordable homes despite economic uncertainty

  • COST REDUCTIONS - The company reduced direct construction costs, cycle times, and fixed general and administrative expenses, contributing to solid operational results

  • SHARE REPURCHASE - Century Communities repurchased 333,881 shares for $20 mln as part of its capital allocation strategy

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$1.20 bln

$1.06 bln (5 Analysts)

Q4 Adjusted EPS

Beat

$1.59

$1.32 (5 Analysts)

Q4 EPS

$1.21

Q4 Net Income

$36 mln

Q4 Homebuilding Gross Margin

15.40%

Q4 Adjusted Homebuilding Gross Margin

18.30%

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the homebuilding peer group is "hold"

  • Wall Street's median 12-month price target for Century Communities Inc is $77.00, about 21.4% above its January 27 closing price of $63.45

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn51N5Yqa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10