Century Communities, Inc. (CCS) Q3 2024 Earnings Call Transcript Summary
Century Communities, Inc. (CCS) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA was reported at $137.1 million for the quarter.The following is a summary of the Century Communities, Inc. (CCS) Q3 2024 Earnings Call Transcript:
以下是Century Communities, Inc. (CCS) 2024年第三季度業績會議記錄摘要：
Financial Performance:
金融業績：
Century Communities reported Q3 2024 revenue of $1.1 billion, up 29% year-over-year.
Net income for Q3 stood at $83 million, with earnings per share of $2.59.
Adjusted EBITDA was reported at $137.1 million for the quarter.
SG&A as a percent of home sales revenue decreased to 11.9% compared to 12.9% in the same period last year.
Century Communities報告2024年第三季度營業收入11億美元，同比增長29%。
第三季度淨利潤爲8300萬美元，每股收益爲2.59美元。
調整後的EBITDA報告顯示該季度爲13710萬美元。
SG&A與房屋銷售收入的比例下降到11.9%，與去年同期的12.9%相比。
Business Progress:
業務進展：
The company saw record third-quarter deliveries of 2,834 homes, marking a 25% increase compared to the previous year.
Century Communities achieved a record high of 305 communities by the end of Q3, a 21% increase year-over-year.
They completed the acquisition of Anglia Homes, enhancing their market position in Houston.
Nearly 100% of homes were built on a spec basis, with a special focus on improving affordability through their captive mortgage subsidiary, Inspire Home Loans.
該公司第三季度交付創紀錄的2834套房屋，較去年同期增長25%。
century communities在第三季度末達到了305個社區的歷史最高紀錄，同比增長21%。
他們完成了對Anglia Homes的收購，增強了他們在休斯敦的市場地位。
近乎100%的住宅是根據規格建造的，特別關注通過他們的子公司Inspire Home Loans改善負擔能力。
Opportunities:
機會：
Positioned well for growth with a record number of communities and a strategic focus on affordable homes, benefiting from potential declines in mortgage rates.
Geographic expansion and investments in Texas and the Southeast markets are significant, combined accounting for 73% of total lot count.
在社區數量創紀錄並專注於負擔得起的住宅策略的良好定位，從潛在的抵押利率下降中獲益，爲增長做好準備。
對得克薩斯州和東南部市場的地理擴張和投資是重要的，並佔用了總地塊數量的73%。
Risks:
風險：
Moderating orders in October amidst rising mortgage rates.
Speculative building strategy, which involves risks related to housing market fluctuations and interest rate sensitivity.
在抵押利率上漲的情況下，十月份的訂單數量有所減少。
投機性建築策略涉及與住房市場波動和利率敏感性相關的風險。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
