Century Communities, Inc. (NYSE:CCS) Q4 2023 Earnings Conference Call January 31, 2024 5:00 PM ET
Company Participants
Tyler Langton - Senior Vice President of Investor Relations
Dale Francescon - Chairman and Co-Chief Executive Officer
Rob Francescon - Co-Chief Executive Officer and President
Dave Messenger - Chief Financial Officer
Conference Call Participants
Carl Reichardt - BTIG
Jay McCanless - Wedbush Securities
Alex Rygiel - B. Riley FBR
Jesse Lederman - Zelman & Associates
Andrew Hassen - JPMorgan
Operator
Greetings. Welcome to Century Communities' Fourth Quarter and Full Year 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this conference call is being recorded.
I will now turn the conference over to Tyler Langton, Senior Vice President of Investor Relations for Century Communities. Thank you. You may begin.
Tyler Langton
Good afternoon. Thank you for joining us today for Century Communities earnings conference call for the fourth quarter and full year 2023.
Before the call begins, I would like to remind everyone that certain statements made during this call may constitute forward-looking statements. These statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described or implied in the forward-looking statements. Certain of these risks and uncertainties can be found under the heading Risk Factors in the company's latest 10-K as supplemented by our latest 10-Q and other SEC filings. We undertake no duty to update our forward-looking statements.
Additionally, certain non-GAAP financial measures will be discussed on this conference call. The company's presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP.
Hosting the call today are Dale Francescon, Chairman and Co-Chief Executive Officer; Rob Francescon, Co-Chief Executive Officer and President, and Dave Messenger, Chief Financial Officer. Following today's prepared remarks, we will open the line up for questions.
With that, I'll turn the call over to Dale.
Dale Francescon
Thank you, Tyler, and good afternoon everyone.
I'd like to begin by saying that we're pleased, not only with our results, but also with the meaningful improvement that we've seen in the housing market in general and our business in particular. Our orders and deliveries exceeded our expectations in the fourth quarter and 2023 was our 21st consecutive year of profitability. We are optimistic about our outlook for 2024, given both the progress Century made over the course of 2023 and the underlying strength of the housing market.