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Century Communities Q2 Adjusted Earnings, Revenue Rise; Lifts 2024 Guidance
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Century Communities Q2 Adjusted Earnings, Revenue Rise; Lifts 2024 Guidance
Jul 25, 2024 1:04 AM

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.

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