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The following slide deck was published by Rocket Companies, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Rocket Companies, Inc. 2022 Q1 - Results - Earnings Call Presentation
Image source: The Motley Fool. Rocket Companies, Inc. (NYSE: RKT) Q1 2022 Earnings Call May 10, 2022 , 4:30 p.m. ET Operator Continue reading For further details see: Rocket Companies, Inc. (RKT) Q1 2022 Earnings Call Transcript
Rocket Companies, Inc. (RKT) Q1 2022 Earnings Conference Call May 10, 2022, 04:30 PM ET Company Participants Sharon Ng - VP of IR Jay Farner - Vice Chairman & CEO Julie Booth - CFO & Treasurer Conference Call Participants Ryan Nash - Goldman Sachs Doug Harter - Credit Suisse Kevin Bar...
Rocket Companies (NYSE:RKT) stock is slipping 1.1% in Tuesday after-hours trading after the company's Q1 results missed Wall Street expectations as higher interest rates curb demand for loans. The online lender expects Q2 closed loan volume of $35B-$40B, net rate lock volume of $31B...
Rocket Companies press release (NYSE:RKT): Q1 Non-GAAP EPS of $0.15 misses by $0.04. Adj. Revenue of $1.93B (-52.2% Y/Y) misses by $310M. Rocket Mortgage generated $54.0 billion in mortgage origination closed loan volume. Gain on sale margin was 3.01% and included one-time benefits due to the...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Vroom (NASDAQ: VRM ) saw a 53% drop in its cash from $1.13 billion to $600.7 million in its latest report for the first quarter (Q1) . Obviously, it will be out of cash in short order if its losses stay this way. Vro...
UWM Holdings (NYSE:UWMC) stock is dropping 5.8% in Monday afternoon trading ahead of the mortgage originator's Q1 earnings release Tuesday before the market opens. The results will show just how much the combination of climbing house prices and higher mortgage rates is slowing deman...
The broader markets struggled Thursday, with the Dow Jones Industrial Average closing Thursday's session down by 1,069 points, and the Nasdaq Composite was down roughly 5%. Large banks and mortgage originators were not spared. At the close of trading, shares of Bank of America...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Detroit-based Rocket Companies (NYSE: RKT ) is among the most-important names in U.S. mortgage origination. Believe it or not, the company has originated more than $1.5 trillion worth of home loans. Just r...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rocket Companies ( RKT ) continues to fall, down 40% on the year. The mortgage loan industry is getting clobbered as interest rates rise, putting housing out of reach for many Americans. Analysts are lining up to...
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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. ...