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AI brief of an SEC Form 8-K · Century Communities (CCS)

Century Communities cuts 2026 delivery guidance as Q1 profit falls 38%

Negative Impact 4 of 5 guidance Written later

Century Communities reported first-quarter 2026 net income of $24.4 million, or $0.84 per diluted share, down from $39.4 million, or $1.26, a year earlier, on total revenues of $789.7 million versus $903.2 million. The company cut its full-year 2026 guidance to 9,500 to 10,500 home deliveries and $3.5 billion to $3.8 billion in home sales revenues, citing the Middle East conflict, higher gas prices and interest rates. Shareholders also received a 10% increase in the quarterly dividend, to $0.32 per share.

Key points

  • First-quarter total revenues were $789.7 million, down from $903.2 million, and deliveries were 2,013 homes, down from 2,284.
  • Adjusted diluted EPS was $0.88, compared with $1.39 in the first quarter of 2025.
  • Full-year 2026 guidance: 9,500 to 10,500 home deliveries and $3.5 billion to $3.8 billion in home sales revenues.
  • The company repurchased 617,087 shares for $40.0 million and raised its quarterly dividend 10% to $0.32 per share.

The filing

CompanyCentury Communities (CCS)
Form8-K, current report
Filed with the SECApr 22, 2026, 4:14 PM ET
Accession number0001576940-26-000024

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 April 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.