Century Communities reports weaker third-quarter results and lowers 2026 outlook
Century Communities reported third-quarter 2026 total revenue of $864.5 million and net income of $12.6 million, equal to $0.44 in diluted earnings per share. Adjusted net income reached $28.8 million, or $1.01 in adjusted diluted earnings per share, on 2,442 home deliveries. The company acquired substantially all of HistoryMaker Homes' assets on October 7, 2026, and lowered its full-year delivery outlook to 9,350 to 9,650 homes, with home sales revenue projected at $3.3 billion to $3.4 billion.
Why it matters
The revised outlook reduces Century Communities' expected 2026 delivery and home-sales revenue ranges. The HistoryMaker transaction expands the company's Dallas division and adds operational scale, while the quarter's results show pressure from mortgage rates and weaker buyer demand.
Key facts
- 1Third-quarter total revenue was $864.5 million, and the company delivered 2,442 homes. prnewswire.com
- 2GAAP net income totaled $12.6 million, or $0.44 per diluted share, while adjusted net income was $28.8 million, or $1.01 per diluted share. prnewswire.com
- 3Century Communities bought substantially all of HistoryMaker Homes' assets on October 7, 2026. prnewswire.com
- 4The company ended the quarter with a record 343 communities and book value per share of $90.61. prnewswire.com
- 5For 2026, management expects 9,350 to 9,650 home deliveries and home sales revenue of $3.3 billion to $3.4 billion. prnewswire.com
Open questions
- reports third-quarter revenue of $864.4M, while report $864.5M for the same revenue metric and period.
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.