Rocket Companies: Q1 Earnings Insights

Rocket Companies RKT reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Rocket Companies missed estimated earnings by 21.05%, reporting an EPS of $0.15 versus an estimate of $0.19.

Revenue was down $2.11 billion from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 5.8% increase in the share price the next day.

Here's a look at Rocket Companies's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.37	0.48	0.49	0.90
EPS Actual	0.32	0.57	0.46	0.89
Revenue Estimate	2.63B	2.93B	2.92B	3.97B
Revenue Actual	2.44B	3.16B	2.79B	4.04B

To track all earnings releases for Rocket Companies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar