Century Communities, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 04:05 pm EDT
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Century Communities, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,042.912 million compared to USD 776.444 million a year ago. Net income was USD 117.910 million compared to USD 38.450 million a year ago. Basic earnings per share from continuing operations was USD 3.49 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 3.47 compared to USD 1.15 a year ago. For the half year, total revenue was USD 2,051.481 million compared to USD 1,379.053 million a year ago. Net income was USD 219.562 million compared to USD 64.576 million a year ago. Basic earnings per share from continuing operations was USD 6.52 compared to USD 1.94 a year ago. Diluted earnings per share from continuing operations was USD 6.47 compared to USD 1.93 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.