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Rocket Companies, Inc. (RKT) Q4 2021 Earnings Conference Call February 24, 2022 4:30 PM ET Company Participants Sharon Ng – Head of Investor Relations Jay Farner – Chief Executive Officer Julie Booth – Chief Financial Officer Bob Walters – President and Chief Opera...
Rocket Companies (NYSE:RKT) stock slipped 1.0% in after-hours trading after its Q4 earnings and revenue missed consensus estimates as mortgage loan originations and gain on sale fell from the previous quarter and a year ago. The online lender expects Q1 closed loan volume of $52B-$57B vs...
Rocket Companies press release (NYSE:RKT): Q4 Non-GAAP EPS of $0.32 misses by $0.05. Revenue of $2.44B (-49.0% Y/Y) misses by $180M. Shares -7.8%. We expect the following ranges in Q1 2022: Closed loan volume of between $52 billion and $57 billion. Net rate lock volume of between $50 billion ...
Rocket Companies Announces Fourth Quarter and Full Year 2021 Results - Grew full year 2021 originations volume to $351 billion, up 10% from record 2020 levels - Generated Q4 net revenue of $2.6 billion and Adjusted Revenue of $2.4 billion(1) - Delivered Q4 net income of ...
Rocket Companies (NYSE:RKT) is scheduled to announce Q4 earnings results on Thursday, February 24th, after market close. The consensus EPS Estimate is $0.37 (-67.5% Y/Y) and the consensus Revenue Estimate is $2.62B (-45.2% Y/Y). Over the last 1 year, RKT has beaten EPS estimates 50% of the ti...
UWM Holdings (NYSE:UWMC) stock is slipping 1.6% in premarket trading after UBS analyst Brock Vandervliet downgrades the mortgage wholesaler's stock to Neutral from Buy, noting that that financial companies often underperform during times of rapid interest rate change. "Additionally, infl...
Rocket Companies (NYSE:RKT) stock is falling 2.2% in premarket trading after BofA Securities analyst Mihir Bhatia downgrades the lending platform's stock to Underperform from Neutral due to the "challenging rate backdrop" for mortgage originators. "While we admire RKT's best-in-clas...
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors on Wall Street have very little confidence this month. The problems come from the slew of concerning, serious headlines. So it’s not surprising to see younger stocks like SoFi (NASDAQ: SOFI ) fall inc...
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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. ...