Century Communities reports Q3 adjusted EPS $1.52 vs. $2.77 last year

Reports Q3 revenue $980.3M vs. $1.14B last year. “In Q3, we performed well in a challenging environment and generated solid financial and operational results, meeting or exceeding our expectations, including the delivery of 2,486 homes to achieve the high end of our guidance,” said Dale Francescon, Executive Chairman. “While buyers remain cautious given the current level of economic uncertainty, they still have a desire to own a new home. We expect any interest rate relief and improvement in consumer confidence will start to unlock buyer demand, which Century is well positioned to meet given the growth in our community count.” CEO Rob Francescon said, “Our adjusted homebuilding gross margin of 20.1% was consistent with second quarter 2025 levels, as we continued to see reductions in our direct costs and were able to limit increases in our incentives even in the seasonally slower third quarter. Our balance sheet remains strong with $2.6B of stockholders’ equity and $836M of liquidity, and our book value per share increased to $87.74, a Company record. In the third quarter, we repurchased an additional 296,903 shares of our common stock for $20.0M, which coupled with our purchases earlier in the year, represents a reduction of 6% from shares outstanding at the beginning of the year.”