Century Communities

Q3 FY2026 EarningsQ3 FY26 results significantly missed consensus estimates on the bottom line, with Diluted EPS of $0.44 falling 65.9% short of the $1.29 expected. Total revenue of $864.5M missed the $958.1M forecast by 9.8%, driven by a 10.2% YoY decline in average sales prices and slower absorption in the West and Mountain segments. Gross margin of 15.0% was 3.05pct below the 18.05% consensus, primarily due to $19.6M in inventory impairment charges and aggressive sales incentives. While Financial Services outperformed, the core homebuilding business faced substantial headwinds from elevated mortgage rates and affordability pressures.