Rocket Companies Announces First Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Rocket Companies Announces First Quarter Results
May 6, 2021 11:32 AM EDT
Shares of Rocket Companies (NYSE: RKT) are down by over 15% in todays trading session after the company missed on analysts estimates for Q1.
The leading mortgage provider reported non-GAAP EPS of $0.89 per share to miss on the $0.90 expected from the Street. GAAP EPS came in at $1.07 per share, which is better than the $0.94 expected from analysts.
Revenue also missed as it came at $4.04 billion while the Street expected $4.28 billion in sales. For Q2, RKT said expects closed loan volume of between $82.5 billion and $87.5 billion, net rate lock volume of between $81.5 billion and... More
May 5, 2021 4:11 PM EDT
Rocket Companies (NYSE: RKT) reported Q1 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $4.04 billion versus the consensus estimate of $3.98 billion.
Second Quarter 2021 Outlook We expect the following ranges in Q2 2021:
Closed...
More
