Rocket Companies (RKT) Misses Q4 EPS by 4c

Rocket Companies (NYSE: RKT) reported Q4 EPS of $0.32, $0.04 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $2.59 billion versus the consensus estimate of $2.63 billion.

GUIDANCE:

First Quarter 2022 Outlook We expect the following ranges in Q1 2022:

• Closed loan volume of between $52 billion and $57 billion.
• Net rate lock volume of between $50 billion and $57 billion.
• Gain on sale margins of 2.80% to 3.10%.

For earnings history and earnings-related data on Rocket Companies (RKT) click here.

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