Century Communities (CCS)

NYSE:CCS

CCS

Century Communities

RESEARCH TOOLSreports

Want to see CCS full AI Analyst Report?

Century Communities (CCS) Earnings Dates, Call Summary & Reports

382 Followers

Earnings Data

Report Date

Jul 29, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.56

Last Year’s EPS

1.37

Same Quarter Last Year

Analyst Consensus

Moderate Sell

Based on 2 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 22, 2026|

% Change Since:

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

Guidance from the call reduced full-year 2026 home delivery guidance by 5% to a range of 9,500–10,500 homes and now targets home sales revenues of $3.5–$3.8 billion; management expects Q2 deliveries of 2,200–2,400 homes, incentives on closed homes to be similar to Q1 levels (Q1 incentives averaged ~1,250 basis points, down ~50 bps from Q4), and the primary driver of adjusted homebuilding gross margin to remain incentives (Q1 adjusted gross margin was 19.7%); SG&A is expected to be roughly 14% of home sales revenue for the full year at the midpoint and ~14.5% in Q2, the full-year tax rate is expected to be 26–27%, and land acquisition and development spend is guided to $1.0–$1.2 billion (adjustable by market conditions); Q1 liquidity was $886 million with stockholders’ equity of $2.6 billion, net homebuilding debt to net capital was 30.5% (homebuilding debt-to-capital 32.2%), the company repurchased 617,000 shares for $40 million at an average $64.82 (27% discount to Q1 book value $88.75), raised the quarterly dividend 10% to $0.32 per share, and highlighted operational flex — nearly 60,000 owned/controlled lots (plus 24,000 option lots secured by $97 million in deposits), capacity to grow deliveries ≥10% annually when demand rebounds, and inventory metrics of finished specs down 16% sequentially and 31% year‑over‑year with under 3 finished specs per community.

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.

Century Communities (CCS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CCS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 29, 2026	2026 (Q2)	0.56 / -	1.37	―	―	―
Apr 22, 2026	2026 (Q1)	0.59 / 0.88	1.36	-35.29% (-0.48)
Jan 28, 2026	2025 (Q4)	1.34 / 1.59	3.2	-50.31% (-1.61)
Oct 22, 2025	2025 (Q3)	0.82 / 1.52	2.72	-44.12% (-1.20)
Jul 23, 2025	2025 (Q2)	1.12 / 1.37	2.65	-48.30% (-1.28)
Apr 23, 2025	2025 (Q1)	1.70 / 1.36	2.22	-38.74% (-0.86)
Jan 29, 2025	2024 (Q4)	3.18 / 3.20	2.93	9.22% (+0.27)
Oct 23, 2024	2024 (Q3)	2.56 / 2.72	2.58	5.43% (+0.14)
Jul 24, 2024	2024 (Q2)	2.46 / 2.65	1.6	65.62% (+1.05)
Apr 24, 2024	2024 (Q1)	1.31 / 2.22	1.04	113.46% (+1.18)

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	$63.82	$59.29	-7.10%
Jan 28, 2026	$63.70	$63.68	-0.03%
Oct 22, 2025	$60.15	$64.49	+7.22%
Jul 23, 2025	$63.26	$59.58	-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 29, 2026, After Close (Confirmed).

What is Century Communities (CCS) earnings time?

Century Communities (CCS) earnings time is at Jul 29, 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 0.56.