Century Communities, Inc. Q1 Income Rises 10%

(RTTNews) - Century Communities, Inc. (CCS) released a profit for its first quarter that rose from last year.

The company said its bottom line advanced to $8.80 million, or $0.40 per share. This was higher than $7.98 million, or $0.38 per share, in last year's first quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.0% to $228.32 million. This was up from $184.10 million last year.

Century Communities, Inc. earnings at a glance:

-Earnings (Q1): $8.80 Mln. vs. $7.98 Mln. last year. -Earnings Growth (Y-o-Y): 10.3% -EPS (Q1): $0.40 vs. $0.38 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $0.33 -Revenue (Q1): $228.32 Mln vs. $184.10 Mln last year. -Revenue Change (Y-o-Y): 24.0%