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 (RKT) Slides On Earnings, Revenue Miss

August 5, 2022 1:56 PM EDT

Rocket Companies (NYSE: RKT) reported earnings aftermarket Thursday, sending its shares lower during Friday's session.

The company missed earnings and revenue expectations, reporting a loss per share of $0.03 on revenue of $1.4 billion. The consensus estimate for earnings was $0.02 per share, with revenue expected to be $1.54 billion.

"As the mortgage market continues to transition, we are actively investing in... More