Century Communities (CCS) Tops Q3 EPS by 55c

Century Communities (NYSE: CCS) reported Q3 EPS of $1.48, $0.55 better than the analyst estimate of $0.93. Revenue for the quarter came in at $794.4 million versus the consensus estimate of $709.49 million.

GUIDANCE:

Century Communities sees FY2020 revenue of $2.8-3 billion, versus the consensus of $2.94 billion.

• David Messenger, Chief Financial Officer of the Company, commented, “We are extremely pleased with our third quarter performance which demonstrates the strength of our business model and sustained new home demand across our markets. As a result of these improved results and continued strong market conditions, we are providing full year guidance of deliveries in the range of 9,300 to 9,600 and homes sales revenues in the range of $2.8 billion to $3.0 billion.

For earnings history and earnings-related data on Century Communities (CCS) click here.

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