Century Communities (CCS) Tops Q2 Earnings Estimates

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 ...