Rocket Companies (NYSE:RKT) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Rocket Companies beat estimated earnings by 33.33%, reporting an EPS of $-0.06 versus an estimate of $-0.09.
Revenue was down $1.05 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.16% increase in the share price the next day.
Here’s a look at Rocket Companies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.03 | 0.03 | 0.19 |
| EPS Actual | -0.10 | -0.08 | -0.03 | 0.15 |
| Revenue Estimate | 682.73M | 1.07B | 1.49B | 2.21B |
| Revenue Actual | 683.00M | 1.29B | 1.39B | 1.93B |
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.
