RKT Stock Recent News

Although the revenue and EPS for Rocket Companies (RKT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Rocket Companies (RKT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.02 per share a year ago.

Financial services company Rocket Companies RKT reported second-quarter financial results after market close Thursday.

Generated Q2'24 total revenue, net of $1.3 billion and adjusted revenue of $1.2 billion. Adjusted revenue exceeded the high end of guidance range and increased year-over-year for the fourth straight quarter Reported Q2'24 GAAP net income of $178 million, or $0.01 per GAAP diluted earnings per share and adjusted net income of $121 million, or $0.06 per adjusted diluted earnings per share Delivered Q2'24 adjusted EBITDA of $225 million, increasing year-over-year for the fifth straight quarter DETROIT , Aug. 1, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and personal finance businesses, today announced results for the second quarter ended June 30, 2024.

Evaluate the expected performance of Rocket Companies (RKT) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Rocket Companies (RKT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rocket earned a first place ranking in every category measured by the study DETROIT , July 25, 2024 /PRNewswire/ -- Rocket Mortgage, the country's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), was today ranked #1 in client satisfaction by J.D. Power in mortgage servicing.

DETROIT , July 18, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will issue its second quarter 2024 earnings on August 1, 2024. Leadership will host a conference call to discuss results at 4:30 p.m.

Residential real estate is one of the most difficult industries to decipher, leaving Rocket Companies (NYSE: RKT ) as a high-risk trade. But RKT stock has been on a blistering run that could keep heating up ahead of a potential monetary policy pivot.

SAN FRANCISCO--(BUSINESS WIRE)-- #Automation--Mortgage and Loan Application Automation with Generative AI. Rocket Mortgage announces partnership with Generative AI unicorn Instabase.