Rocket Companies (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
