Rocket Companies (RKT) Reports In-Line Q3 EPS, Guidance Misses Consensus

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Rocket Companies Announces Third Quarter 2024 Results

November 12, 2024 4:05 PM EST

Generated Q3'24 total revenue of $647 million and adjusted revenue of $1.323 billion. Adjusted revenue exceeded the high end of our guidance rangeReported Q3'24 GAAP net loss of $481 million, or $0.19 GAAP diluted loss per share and adjusted net income of $166 million, or $0.08 adjusted diluted earnings per shareDelivered Q3'24 adjusted EBITDA of $286 million, the highest in two years

DETROIT, Nov. 12, 2024... More