NYSE$CCS
Century Communities Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported record earnings per share and pre-tax income while maintaining record return on equity.
Century Communities reported record second-quarter results, with net income increasing by 35% to $158.7 million and earnings per diluted share reaching $4.78. The company's return on equity was 33.7%, and total revenues increased to a second-quarter record of $1.2 billion.
- Net income increased 35% to $158.7 million, or $4.78 per diluted share, both second quarter records.
- Pre-tax income improved 40% to a Company record $213.6 million.
- Total revenues increased to a second quarter record $1.2 billion.
- Return on equity improved by 610 basis points to 33.7%, equaling a Company record.
Headline financials
Revenue & EPS history
Century Communities · Revenue · Quarterly
$1.17B
Revenue by segment
Century Communities · $1.17B total across 3 segments · Q2 2022
- Home Sales Revenues$1.13B+12.9%97.3%
- Financial Services Revenues$22.8M-23.7%2.0%
- Land Sales and Other Revenues$8.81M+6.7%0.8%
Forward guidance
Given the industry-wide slowdown in current activity, the company is reducing its full-year home delivery guidance to 10,750 to 11,750 homes. They are reaffirming full year home sales revenues to be in the range of $4.3 billion to $4.9 billion, and depending on market conditions, they expect year end selling communities to be in the range of 240 to 250.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+2.0%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+2.9%
Avg return
30 days after
65%
31 / 48 earnings
Positive
+20.9%
Q4 2020
Best reaction
-9.8%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -7.7% | -7.4% | -18.6% | |
| Q4 2025 | -0.2% | +2.6% | +5.1% | |
| Q3 2025 | +7.2% | +5.0% | +0.5% | |
| Q2 2025 | +0.2% | -2.6% | +3.2% | |
| Q1 2025 | -6.1% | -10.3% | -11.7% | |
| Q4 2024 | +4.8% | +2.4% | -6.9% | |
| Q3 2024 | +1.5% | -1.3% | -4.1% | |
| Q2 2024 | +0.4% | +3.5% | +4.5% | |
| Q1 2024 | -6.5% | -3.9% | +0.1% | |
| Q4 2023 | +5.2% | +1.4% | -1.5% | |
| Q3 2023 | +3.2% | +3.3% | +21.2% | |
| Q2 2023 | +3.0% | +3.0% | -5.0% | |
| Q1 2023 | +0.2% | -0.5% | -2.8% | |
| Q4 2022 | +0.9% | -1.3% | -1.6% | |
| Q3 2022 | -9.8% | -5.7% | +1.2% | |
| Q2 2022 | -2.5% | -2.4% | -6.4% | |
| Q1 2022 | +4.5% | +5.2% | +5.1% | |
| Q4 2021 | -3.0% | -6.9% | -1.4% | |
| Q3 2021 | +4.4% | +5.2% | +10.4% | |
| Q2 2021 | +10.6% | +14.5% | +14.4% | |
| Q1 2021 | +13.6% | +14.5% | +23.4% | |
| Q4 2020 | +20.9% | +22.7% | +19.4% | |
| Q3 2020 | -0.1% | -1.8% | +9.5% | |
| Q2 2020 | +1.1% | -4.0% | +1.5% | |
| Q1 2020 | +11.8% | +10.7% | +54.2% | |
| Q4 2019 | +11.4% | +18.6% | +5.2% | |
| Q3 2019 | -7.5% | -8.0% | -12.7% | |
| Q2 2019 | +2.9% | +1.5% | +3.3% | |
| Q1 2019 | +12.3% | +11.0% | +6.2% | |
| Q4 2018 | -3.2% | +3.8% | +0.3% | |
| Q3 2018 | +1.7% | -5.3% | -8.9% | |
| Q2 2018 | -1.0% | -5.2% | -5.3% | |
| Q1 2018 | -0.7% | -0.2% | -2.6% | |
| Q4 2017 | +8.5% | +12.3% | +4.3% | |
| Q3 2017 | +1.6% | -1.6% | +5.7% | |
| Q2 2017 | -4.2% | -7.7% | -14.0% | |
| Q1 2017 | -1.3% | -0.4% | -4.8% | |
| Q4 2016 | +3.3% | +1.8% | +12.2% | |
| Q3 2016 | -2.5% | +0.8% | +3.0% | |
| Q2 2016 | +12.7% | +14.3% | +12.2% | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | +1.1% | — | — | |
| Q3 2015 | -3.0% | — | — | |
| Q2 2015 | +7.3% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +7.8% | — | — | |
| Q3 2014 | -9.3% | — | — | |
| Q2 2014 | +1.0% | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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