Century Communities Inc (CCS) Releases Earnings Results, Beats Expectations By $0.03 EPS

Century Communities Inc (CCS) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.38 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.35. The company posted revenue of $184.10 million in the period, compared to analysts expectations of $170.18 million. The company’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Century Communities Inc opened for trading at $16.68 and hit $17.4 on the upside on Wednesday, eventually ending the session at $17.25, with a gain of 2.86% or 0.48 points. The heightened volatility saw the trading volume jump to 77,998 shares. Company has a market cap of $367 M.

Century Communities Inc

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