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Century munities(CCS) - 2024 Q2 - Earnings Call Transcript
2024-07-24 23:26
Century Communities, Inc. (NYSE:CCS) Q2 2024 Earnings Conference Call July 24, 2024 5:00 PM ET Company Participants Tyler Langton - Senior Vice President of Investor Relations Dale Francescon - Chairman and Co-Chief Executive Officer Robert Francescon - Co-Chief Executive Officer and President Scott Dixon - Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Alex Rygiel - B. Riley Jay McCanless - Wedbush Alan Ratner - Zelman & Associates Michael Rehaut - JP Morgan Operator Greetings e ...
Century Communities (CCS) Tops Q2 Earnings Estimates
ZACKS· 2024-07-24 22:30
Century Communities (CCS) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $1.60 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary ...
Century munities(CCS) - 2024 Q2 - Quarterly Report
2024-07-24 22:21
2. Reporting Segments We have identified our Financial Services operations, which provide mortgage, title, insurance and escrow services to our homebuyers, as a sixth reportable segment. Our Corporate operations are a non-operating segment, as our Corporate operations serve to support our homebuilding, and to a lesser extent our Financial Services operations, through functions, such as our executive, finance, treasury, human resources, accounting and legal departments. The following table summarizes total r ...
Century munities(CCS) - 2024 Q2 - Quarterly Results
2024-07-24 20:15
Century Communities Reports Increased Second Quarter 2024 Results - Increased 2024 Guidance for Home Sales Revenues and Deliveries - - Second Quarter Net Income Increased 63% YoY to $83.7 Million, or $2.61 Per Diluted Share - - Home Sales Revenues of $1.0 Billion Increased 24% YoY - - Deliveries of 2,617 Homes Increased 17% YoY - - Net New Home Contracts of 2,780 Increased 20% YoY - - J. Scott Dixon Appointed as Chief Financial Officer - Greenwood Village, Colorado (July 24, 2024) – Century Communities, Inc ...
Century Communities Reports Increased Second Quarter 2024 Results
Prnewswire· 2024-07-24 20:05
- Increased 2024 Guidance for Home Sales Revenues and Deliveries - - Second Quarter Net Income Increased 63% YoY to $83.7 Million, or $2.61 Per Diluted Share - - Home Sales Revenues of $1.0 Billion Increased 24% YoY - - Deliveries of 2,617 Homes Increased 17% YoY - - Net New Home Contracts of 2,780 Increased 20% YoY - - J. Scott Dixon Appointed as Chief Financial Officer - Second Quarter 2024 Highlights "We continued to see solid demand for affordable new homes in the second quarter, with our net new contra ...
Century Communities Announces Maricopa Grand Opening at Appealing Lakeside Development
Prnewswire· 2024-07-17 14:44
Online homebuying leader now selling from the mid $300s at The Lakes at Rancho El Dorado MARICOPA, Ariz., July 17, 2024 /PRNewswire/ -- Century Communities, Inc.—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—revealed it's joined Maricopa's anticipated planned community: The Lakes at Rancho El Dorado. The Lakes at Rancho El Dorado by Century Communities | New Homes in Marico ...
Century Complete Announces 3 New Communities Coming Soon to Jacksonville
Prnewswire· 2024-07-16 17:17
JACKSONVILLE, Fla., July 16, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE:CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced that its Century Complete brand will be opening three new communities in the greater Jacksonville area: Nobles Crossing (Palatka, FL), Greystone (Glen Saint Mary, FL) and The Landing at Crooked River (Kingsland, GA). Combined, the ne ...
Century Communities Announces Return of Popular Purple Tag Sales Event
Prnewswire· 2024-07-15 17:56
2024 Purple Tag Sales Event | Century Communities & Century Complete2024 Purple Tag Sales Event | Century Communities & Century Complete GREENWOOD VILLAGE, Colo., July 15, 2024 /PRNewswire/ -- Century Communities, Inc.,—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—announced the return of its popular Purple Tag Sales Event, featuring major new home savings at Century Commun ...
Strength Seen in Century Communities (CCS): Can Its 8.6% Jump Turn into More Strength?
ZACKS· 2024-07-12 16:41
Century Communities (CCS) shares ended the last trading session 8.6% higher at $88.26. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.8% loss over the past four weeks. For Century Communities, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to k ...
Century Communities Joins Two Popular Planned Communities in Northern California
Prnewswire· 2024-07-10 17:11
Explore Twelve Bridges: www.CenturyCommunities.com/TwelveBridges "We're thrilled to join Twelve Bridges and SOMO Village, two dynamic planned communities that offer homebuyers an exceptional blend of floor plan selections in highly sought-after locations," said Division Manager Dan Turpin. "With homes available for summer and fall move-ins, it's a great time for homebuyers to explore all that we have available and find their best fit." Two-story floor plans 3 to 4 bedrooms, up to 2,431 square feet, 2-bay ga ...