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Century Communities Q4 Earnings Call Highlights
['Shane Hupp']
Ticker Report
Since the beginning of 2024, Century’s incentives have ranged from 600 basis points up to the 1,300 basis-point level cited for the fourth quarter.
Management said it had expected modest growth in ending community count but closed more communities than anticipated, particularly late in the fourth quarter due to increased sales pace.
SG&A as a percentage of home sales revenue was 12.2% in the fourth quarter.
About Century Communities (NYSE:CCS)Century Communities, Inc is a national homebuilder and land developer headquartered in Greenwood Village, Colorado.
Founded in 2009, Century Communities rapidly expanded through both organic growth and strategic land acquisitions, positioning itself in high-growth markets across the United States.