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Earnings Data
Report Date
Jul 22, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.64Last Year’s EPS
1.37Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a cautiously constructive picture: operational execution, margin improvement, disciplined inventory and land management, and strong balance sheet/capital returns are clear positives. However, demand headwinds driven by geopolitical events, higher rates and fuel prices pressured orders in March, led to a modest downward revision to full-year deliveries (−5%), and incentives remain elevated. On balance, operational strengths and financial flexibility outweigh the near-term demand challenges, but the tone remains cautious.Company Guidance
Improved Gross Margins
Adjusted homebuilding gross margin improved to 19.7% in Q1 2026 (up 140 basis points sequentially from 18.3% in Q4 2025). GAAP homebuilding gross margin was 17.8% (up 240 basis points sequentially from 15.4% in Q4 2025). A 90 basis point benefit came from warranty accrual reduction and rebate collections excesses.
Inventory and Spec Reduction
Finished spec homes at quarter end decreased 16% sequentially and 31% year-over-year, with less than 3 finished specs per community on average, demonstrating disciplined inventory control.
Operational Efficiency Gains
Direct construction costs on delivered homes declined ~2% sequentially. Average cycle time improved to 114 calendar days (down 15% from 134 days in the year-ago quarter). Finished lot costs decreased 1% sequentially.
Solid Balance Sheet and Liquidity
Ended Q1 with $2.6 billion in stockholders' equity and $886 million of liquidity. Net homebuilding debt to net capital ratio was 30.5% and homebuilding debt-to-capital ratio was 32.2%, roughly consistent with the prior year quarter.
Strong Land Position and Flexible Option Exposure
Nearly 60,000 owned and controlled lots (flat sequentially) and 24,000 option lots secured by only $97 million of deposits (<4% of equity). Land acquisition and development spend guidance is flexible at $1.0B–$1.2B for 2026.
Capital Returns to Shareholders
Repurchased ~617,000 shares for $40 million in Q1 (~2% of outstanding shares) at an average price of $64.82 (27% discount to book value). Quarterly cash dividend increased 10% to $0.32 per share.
Profitability and Revenue
Q1 pretax income was $33 million, net income $24 million (GAAP EPS $0.84), adjusted net income $26 million (adjusted EPS $0.88). Home sales revenue was $734 million with average sales price ~$365,000 (roughly flat sequentially). Land sales/other revenues were $33 million with ~ $11 million profit from an opportunistic Southeast transaction.
Demand Signals and Mortgage Mix
Traffic increased each month in Q1 (March traffic up ~13% versus January). Cancellation rate improved to 12.2% (below most of 2025). Adjustable-rate mortgage (ARM) originations rose to ~30% of mortgage volume (from ~25% in Q4 2025 and <5% in Q1 2025), which may help affordability.
CCS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CCS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $63.43 | $58.93 | -7.10% |
Jan 28, 2026 | $63.31 | $63.29 | -0.03% |
Oct 22, 2025 | $59.78 | $64.10 | +7.22% |
Jul 23, 2025 | $62.87 | $59.21 | -5.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Century Communities (CCS) report earnings?
Century Communities (CCS) is schdueled to report earning on Jul 22, 2026, After Close (Confirmed).
What is Century Communities (CCS) earnings time?
Century Communities (CCS) earnings time is at Jul 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCS EPS forecast?
CCS EPS forecast for the fiscal quarter 2026 (Q2) is 0.64.