Rocket Companies (RKT) Misses Q2 EPS by 5c, Revenues Miss

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Go back to Rocket Companies (RKT) Misses Q2 EPS by 5c, Revenues Miss

Rocket Companies Announces Second Quarter Results

August 4, 2022 4:05 PM EDT

Generated Q2 net revenue of $1.4 billion and net income of $60 millionDelivered strong gain on sale margin of 292 basis pointsOver 2,000 Rocket team members deployed to accelerate build-out of Rocket platform  Unified Rocket brand, rebranding Truebill to Rocket Money, and Edison Financial to Rocket MortgageSigned new agreements with Santander and Q2 digital banking platform

DETROIT, Aug. 4, 2022 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based FinTech... More