Century Communities Inc reports results for the quarter ended in September 30 - Earnings Summary

Century Communities

24/10/2024 04:13

* Century Communities Inc  CCS.N  reported quarterly
adjusted
earnings of $2.59​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $2.58.  The mean expectation of five analysts
for the quarter was for earnings of $2.56 per share. Wall Street
expected results to range from $2.33  to $2.74 per share.
    * Revenue rose 27.8% to $1.14 billion from a year ago;
analysts
expected $1.10 billion. 
    * Century Communities Inc's reported EPS for the quarter was
$2.59​.
    * The company reported quarterly net income of $83.02
million.
    * Century Communities Inc shares had fallen by 10.2% this
quarter and gained 1.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is also "hold"

Wall Street's median 12-month price target for Century
Communities Inc is 104.50 
This summary was machine generated from LSEG data October 24 at
03:13 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      2.56           2.59           Beat
 Jun. 30 2024      2.47           2.61           Beat
 Mar. 31 2024      1.39           2.00           Beat
 Dec. 31 2023      2.31           2.93           Beat