Century Communities (CCS) Tops Q4 EPS by 23c, Offers Guidance

Century Communities (NYSE: CCS) reported Q4 EPS of $1.50, $0.23 better than the analyst estimate of $1.27. Revenue for the quarter came in at $775.1 million versus the consensus estimate of $743 million.

GUIDANCE:

Century Communities sees Q1 2020 revenue of $2.6-3 billion, versus the consensus of $2.68 billion.

David Messenger, Chief Financial Officer of the Company, commented, “We believe our continued momentum coupled with a strong U.S. macroeconomic environment will enable us to deliver another year of strong performance in 2020. We introduce our full year outlook for home deliveries to be in the range of 8,500 to 9,500 homes and our home sales revenues to be in the range of $2.6 billion to $3.0 billion.”

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

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