Rocket Companies Inc reports results for the quarter ended March 31 - Earnings Summary

Rocket Companies

08/05/2025 22:40

Rocket Companies Inc RKT.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of twelve analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.

Revenue fell 25.1% to $1.04 billion from a year ago; analysts expected $1.25 billion.

Rocket Companies Inc's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $10.38 million.

Rocket Companies Inc shares had fallen by 3.7% this quarter and gained 9.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 42.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the financial technology (fintech) peer group is also "hold"

Wall Street's median 12-month price target for Rocket Companies Inc is $14.50

This summary was machine generated from LSEG data May 8 at 09:39 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
Mar. 31 2025
0.04
0.04
Met
Dec. 31 2024
0.03
0.04
Beat
Sep. 30 2024
0.08
0.08
Met
Jun. 30 2024
0.05
0.06
Beat