Century Communities (CCS) Tops Q1 EPS by 3c

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Century Communities Reports First Quarter 2016 Results

May 5, 2016 4:01 PM EDT

- Earnings Increased 27% to $0.38 Per Share -

- Home Sales Revenues Grew 17% to $181.1 Million -

- Adjusted Homebuilding Gross Margin Percentage Improved 60 Basis Points to 22.1% -

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE: CCS), a top-25 U.S. homebuilder of single-family homes, townhomes and flats in select markets, today announced financial results for its first quarter ending March 31, 2016.

First Quarter 2016 Highlights Compared to First Quarter 2015

Net income grew 26% to $8.0 million Pre-tax income increased 31% to $12.4 million... More