Rocket Cos Inc. (RKT) PT Lowered to $21 at Barclays
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St rises as yields ease, Moderna lifts healthcare stocks
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- FOMC minutes from July 28-29th meeting
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
Rocket Companies (RKT) Collapses 15% on Q1 Miss, Analyst Lowers PT to Reflect Weak Outlook
May 6, 2021 11:32 AM EDTShares 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
