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home / news releases / RKT - Rocket Companies Inc. (RKT) Q1 2024 Earnings Call Transcript


RKT - Rocket Companies Inc. (RKT) Q1 2024 Earnings Call Transcript

2024-05-02 20:44:08 ET

Rocket Companies, Inc. (RKT)

Q1 2024 Earnings Conference Call

May 2, 2024 04:30 PM ET

Company Participants

Sharon Ng - VP of IR

Varun Krishna - CEO

Brian Brown - CFO

Conference Call Participants

Ryan Nash - Goldman Sachs

Jeff Adelson - Morgan Stanley

Mark DeVries - Deutsche Bank

Derek Sommers - Jefferies

Brad Capuzzi - Piper Sandler

Presentation

Operator

Thank you for standing by. My name is Jay, and I will be your conference operator today. At this time, I would like to welcome everyone to the Rocket Companies' Inc., First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Sharon Ng, Head of Investor Relations. You may begin.

Sharon Ng

Good afternoon, everyone, and thank you for joining us for Rocket Companies' earnings conference call covering the first quarter of 2024. With us this afternoon are Rocket Companies' CEO, Varun Krishna, and our CFO, Brian Brown. Earlier today, we issued our first quarter and full year earnings release, which is available on our website at rocketcompanies.com under Investor Info. Also available on our website is an investor presentation.

Before I turn things over to Varun, let me quickly go over our disclaimers. On today's call, we provide you with information regarding our first quarter performance, as well as our financial outlook. This conference call includes forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and the assumptions we mention today.

We encourage you to consider the risk factors contained in our SEC filings for a detailed discussion of these risks and uncertainties. We undertake no obligation to update these statements as a result of new information or further events, except as required by law. This call is being broadcast online and is accessible on our Investor Relations website. A recording of the call will be posted later today.

Our commentary today will also include non-GAAP financial measures. Reconciliations between GAAP and non-GAAP metrics for reported results can be found in our earnings release issued earlier today as well as in our filings with the SEC.

And with that, I'll turn things over to Varun Krishna to get us started. Varun?

Varun Krishna

Thank you, Sharon. Good afternoon, everyone, and thank you for joining the Rocket Companies Earnings Call for the first quarter of 2024. This is my third earnings call since joining the company in September.

As I reflect on the last eight months, I am filled with gratitude to be part of a company with a clear and Noble Mission of Helping Everyone Home. Never has this mission been more important, more relevant than it is right now.

I am so proud of what our team has achieved together in this short time. And it's evident you're only at the beginning of our journey. As an organization, we are driven to execute and win and our determination is absolute....

For further details see:

Rocket Companies, Inc. (RKT) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Rocket Companies Inc. Class A
Stock Symbol: RKT
Market: NYSE
Website: ir.rocketcompanies.com

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