Rocket Companies Inc reports results for the quarter ended June 30 - Earnings Summary
Rocket Companies Inc reports results for the quarter ended June 30 - Earnings Summary
Rocket Companies Inc RKT.N reported quarterly adjusted earnings of 16 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 14 cents to 19 cents per share.
Revenue rose 104.7% to $2.78 billion from a year ago; analysts expected $2.81 billion.
Rocket Companies Inc's reported EPS for the quarter was 8 cents.
The company reported quarterly net income of $230 million.
Rocket Companies Inc shares had fallen by 12.0% this quarter and lost 28.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.4% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"
Wall Street's median 12-month price target for Rocket Companies Inc is $20.00, about 33.9% above its last closing price of $13.22
This summary was machine generated from LSEG data August 6 at 09:42 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.17 | 0.16 | Missed |
Mar. 31 2026 | 0.12 | 0.15 | Beat |
Dec. 31 2025 | 0.09 | 0.11 | Beat |
Sep. 30 2025 | 0.05 | 0.07 | Beat |
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