Century Communities, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 31, 2024 at 04:20 pm EST
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Century Communities, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 1,205.58 million compared to USD 1,179.13 million a year ago. Net income was USD 91.32 million compared to USD 79.49 million a year ago. Basic earnings per share from continuing operations was USD 2.87 compared to USD 2.5 a year ago. Diluted earnings per share from continuing operations was USD 2.83 compared to USD 2.47 a year ago.
For the full year, revenue was USD 3,692.19 million compared to USD 4,505.92 million a year ago. Net income was USD 259.22 million compared to USD 525.13 million a year ago. Basic earnings per share from continuing operations was USD 8.12 compared to USD 16.12 a year ago. Diluted earnings per share from continuing operations was USD 8.05 compared to USD 15.92 a year ago.
Century Communities, Inc. is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes. The Company is also involved in the entitlement and development of the underlying land. Its homebuilding operations are organized into the five segments: West, Mountain, Texas, Southeast, and Century Complete. The Company builds and sells under its Century Communities and Century Complete brands. Its Century Communities brand offers a range of buyer profiles including entry-level, first and second time move-up, and lifestyle homebuyers, and provides its homebuyers with the ability to personalize their homes through certain option and upgrade selections. Its Century Complete brand targets entry-level homebuyers, primarily sells homes through retail studios and the Internet. It also operates in 18 states and over 45 markets across the United States and offers title, insurance and lending services in select markets.
CENTURY COMMUNITIES, INC. 
