Century Communities Q3 net income $83.0 million; raises 2024 home sales guidance
Century Communities reported third quarter 2024 results for the period ended September 30, 2024, with home sales revenues of $1.1 billion, up 29% from a year earlier, and net income of $83.0 million, or $2.59 per diluted share, roughly flat with the prior year. The company raised its full-year 2024 guidance for home deliveries and home sales revenues, but its homebuilding debt to capital ratio rose to 35.8% from 31.1% at June 30, 2024.
Key points
- Home sales revenues of $1.1 billion rose 29% year over year, and deliveries of 2,834 homes rose 25%.
- Net income was $83.0 million, or $2.59 per diluted share, compared with $83.2 million, or $2.58 per diluted share, a year earlier.
- Full-year 2024 guidance raised to 10,900 to 11,300 home deliveries and $4.3 to $4.4 billion in home sales revenues.
- Homebuilding debt to capital was 35.8% at September 30, 2024, up from 31.1% at June 30, 2024.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
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