03:36 AM EDT, 07/25/2024 (MT Newswires) -- Century Communities ( CCS ) reported Q2 adjusted earnings late Wednesday of $2.65 per diluted share, up from $1.60 a year earlier.
Analysts polled by Capital IQ expected $2.42.
Revenue for the quarter ended June 30 was $1.04 billion, up from $844.2 million a year earlier.
Analysts polled by Capital IQ expected $1.02 billion.
For 2024, the company now expects home sales revenue to range from $4.2 billion to $4.4 billion, up from the previously issued guidance of $3.8 billion to $4.2 billion.
The company's board also approved the repurchase from time to time of up to 4.5 million additional shares of the company's common stock.