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Stock impact report

Rocket Companies: Q1 Earnings Snapshot [Yahoo! Finance]

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Yahoo! Finance
On a per-share basis, the Detroit-based company said it had net income of 11 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. The company posted revenue of $1.38 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.02 billion. For the current quarter ending in June, Rocket Companies said it expects revenue in the range of $1.08 billion to $1.23 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RKT at https://www.zacks.com/ap/RKT Show less Read more
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