Rocket Companies Inc expected to post earnings of 4 cents a share - Earnings Preview

Rocket Companies

06/05/2025 22:57

Rocket Companies Inc RKT.N, RKT is expected to show a fall in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The Detroit Michigan-based  company is expected to report a 10.0% decrease in revenue to $1.245 billion from $1.38 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $1.18 billion and $1.33 billion.

‚ÄčLSEG's mean analyst estimate for Rocket Companies Inc is for earnings of 4 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Rocket Companies Inc is $14.50‚Äč, above‚Äč its last closing price of $11.53. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.03
0.03
0.04
Beat
44.8
Sep. 30 2024
0.08
0.08
0.08
Met
-1
Jun. 30 2024
0.05
0.05
0.06
Beat
21.9‚Äč
Mar. 31 2024
0.01
0.01
0.04
Beat
550.4
‚Äč‚ÄčDec. 31 2023
-0.05
-0.04
0.00
Beat
100
Sep. 30 2023
-0.03
-0.03
0.00
Beat
100‚Äč
Jun. 30 2023
-0.04
-0.04
-0.02
Beat
51.3
Mar. 31 2023
-0.09
-0.09
-0.06
Beat
32.5

This summary was machine generated May 6 at 21:57 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)