GREENWOOD VILLAGE, Colo. (AP) _ Century Communities Inc. (CCS) on Wednesday reported first-quarter net income of $101.7 million.
On a per-share basis, the Greenwood Village, Colorado-based company said it had net income of $3.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The single-family homebuilder posted revenue of $1.01 billion in the period.
Century Communities expects full-year revenue in the range of $3.7 billion to $4 billion.
Century Communities shares have climbed 51% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $66.27, more than tripling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCS at https://www.zacks.com/ap/CCS
