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2023-03-08 06:30:00 ET The mortgage business is a feast-and-famine affair. The COVID-19 pandemic pushed the Federal Reserve to lower rates , which triggered an enormous refinancing boom. This gave the mortgage industry two fabulous years, in 2020 and 2021. The reckoning came in 2022, wh...
2023-03-07 21:12:54 ET Summary ValueAct’s 13F portfolio value decreased from $5.90B to $5.31B this quarter. ValueAct increased New York Times while dropping Citigroup and TopBuild. The top three positions are Fiserv, KKR, and CBRE, and they add up to ~62% of the portfol...
Rocket Mortgage Further Expands Affordable Homebuying Options with New BorrowSmart Access PR Newswire Company launches second special purpose credit program in three months by offering new Freddie Mac program offering $3,000 to use toward a down payment for those buying in...
Image source: The Motley Fool. Rocket Companies (NYSE: RKT) Q4 2022 Earnings Call Feb 28, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Rocket Companies (RKT) Q4 2022 Earnings Call Transcript
Rocket Companies, Inc. (RKT) Q4 2022 Earnings Conference Call February 28, 2023, 16:30 PM ET Company Participants Sharon Ng - Vice President-Investor Relations Jay Farner - Chief Executive Officer Bill Emerson - Director Brian Brown - Chief Financial Officer and Tr...
Rocket Companies ( NYSE: RKT ) stock gained 3.1% in Tuesday after-hours trading after the online loan platform reported a Q4 loss that was smaller than Wall Street's consensus as the online lender cut expenses by more than it expected. The midpoint of its Q1 revenue guidance range, th...
Rocket Companies press release ( NYSE: RKT ): Q4 Non-GAAP EPS of -$0.10 beats by $0.02 . Revenue of $683M (-72.0% Y/Y) misses by $49.26M . In Q1 2023, we expect adjusted revenue of between $700 million to $850 million, vs. consensus of $802.33M. For further ...
Rocket Companies Announces Fourth Quarter and Full Year 2022 Results PR Newswire Generated Full Year 2022 revenue of $5.8 billion and net income of $700 million Reached 25.4 million Rocket Accounts 1 across our ecosystem, as of December 31, 2022 Rocket ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With major economic weakness possibly lurking around the corner, investors should consider targeting stocks to sell. Specifically, market participants should note securities that feature rising short borrow fees. As the name su...
Rocket Companies ( NYSE: RKT ) is scheduled to announce Q4 earnings results on Tuesday, February 28th, after market close. The consensus EPS Estimate is -$0.12 (-137.5% Y/Y) and the consensus Revenue Estimate is $732.26M (-70.0% Y/Y). Over the last 2 years, RKT has beaten EP...
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Rocket Companies to Announce Second Quarter 2024 Results on August 1 PR Newswire DETROIT , July 18, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit -based fintech platform company including mortg...
2024-07-09 07:15:06 ET Barclays analyst issues UNDERWEIGHT recommendation for RKT on July 9, 2024 05:51AM ET. The previous analyst recommendation was Underweight. RKT was trading at $13.27 at issue of the analyst recommendation. The overall analyst consensus : HOLD. ...