Rocket Companies RKT reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Rocket Companies missed estimated earnings by 200.0%, reporting an EPS of $-0.03 versus an estimate of $0.03.
Revenue was down $1.40 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 5.25% drop in the share price the next day.
Here's a look at Rocket Companies's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.19 | 0.37 | 0.48 | 0.49 |
EPS Actual | 0.15 | 0.32 | 0.57 | 0.46 |
Revenue Estimate | 2.21B | 2.63B | 2.93B | 2.92B |
Revenue Actual | 1.93B | 2.44B | 3.16B | 2.79B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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