Benzinga | Jul 28, 2020 05:24PM EDT

Century Communities: Q2 Earnings Insights

Shares of Century Communities (NYSE:CCS) increased 5.62% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 57.14% year over year to $1.21, which beat the estimate of $0.69.

Revenue of $776,444,000 rose by 25.24% year over year, which beat the estimate of $572,690,000.

Outlook

Century Communities hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140397

Recent Stock Performance

Company's 52-week high was at $39.31

Company's 52-week low was at $9.04

Price action over last quarter: Up 66.20%

Company Description

Century Communities Inc is an American construction company that focuses on residential construction. The company has five segments which are West, Mountain, Texas, Southeast and Wade Jurney Homes. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through their own sales representatives and through independent real estate brokers. It also advertises directly to potential homebuyers through the internet and in newspapers and trade publications. The company generates maximum revenue from the Mountain segment.