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Rocket Companies (RKT) Earnings Date, Estimates & Call Transcripts

$19.31
-0.47 (-2.38%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 7Estimated
Actual EPS
(Aug. 1)
$0.06 Beat By $0.01
Consensus EPS
(Aug. 1)
$0.05
Skip Charts & View Estimated and Actual Earnings Data

RKT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RKT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Rocket Companies Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.04$0.04$0.04 
Q2 20241$0.06$0.06$0.06 
Q3 20241$0.08$0.08$0.08 
Q4 20241$0.09$0.09$0.09 
FY 20244$0.27$0.27 $0.27

RKT Earnings Date and Information

Rocket Companies last released its earnings results on August 1st, 2024. The reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The business earned $1.30 billion during the quarter, compared to analysts' expectations of $1.22 billion. Its revenue for the quarter was up 5.3% compared to the same quarter last year. Rocket Companies has generated $0.11 earnings per share over the last year ($0.11 diluted earnings per share) and currently has a price-to-earnings ratio of 175.6. Earnings for Rocket Companies are expected to grow by 127.27% in the coming year, from $0.22 to $0.50 per share. Rocket Companies has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off prior year's report dates.

Rocket Companies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/7/2024
(Estimated)
------- 
8/1/2024Q2 2024$0.05$0.06+$0.01$0.09$1.22 billion$1.30 billion    
5/2/2024Q1 2024($0.01)$0.07+$0.08$0.03$1.02 billion$1.38 billion
2/22/2024Q4 2023($0.0480)($0.06)($0.0120)($0.03)$762.44 million$885.00 million        
11/2/2023Q3 2023($0.04)($0.01)+$0.03($0.06)$1.08 billion$1.20 billion
8/3/2023Q2 2023($0.07)($0.05)+$0.02($0.15)$983.18 million$1.24 billion
5/4/2023Q1 2023($0.12)($0.18)($0.06)($0.20)$754.56 million$666.07 million
2/28/2023Q4 2022($0.12)($0.12)-($0.10)$682.67 million$480.79 million    
11/3/2022Q3 2022($0.04)($0.10)($0.06)($0.24)$1.09 billion$1.29 billion
8/4/2022Q2 2022-($0.05)($0.05)($0.12)$1.53 billion$1.39 billion      
5/10/2022Q1 2022$0.16$0.12($0.04)($0.16)$2.24 billion$1.93 billion    
2/24/2022Q4 2021$0.36$0.30($0.06)$0.28$2.62 billion$2.59 billion        
11/4/2021Q3 2021$0.48$0.57+$0.09$0.56$2.96 billion$3.16 billion    
8/12/2021Q2 2021$0.45$0.46+$0.01$0.48$2.77 billion$2.67 billion    
5/5/2021Q1 2021$0.92$0.55($0.37)$0.03$4.41 billion$4.58 billion  
2/25/2021Q4 2020$0.86$1.14+$0.28$1.15$3.84 billion$4.70 billion      
11/15/2020Q3 2020$1.09$1.21+$0.12$1.38$4.55 billion$4.74 billion  

Rocket Companies Earnings - Frequently Asked Questions

When is Rocket Companies's earnings date?

Rocket Companies has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off last year's report dates. Learn more on RKT's earnings history.

What guidance has Rocket Companies issued on next quarter's earnings?

Rocket Companies updated its third quarter 2024 earnings guidance on Thursday, August, 1st. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Did Rocket Companies beat their earnings estimates last quarter?

In the previous quarter, Rocket Companies (NYSE:RKT) reported $0.06 earnings per share (EPS) to beat the analysts' consensus estimate of $0.05 by $0.01. Learn more on analysts' earnings estimate vs. RKT's actual earnings.

How can I listen to Rocket Companies's earnings conference call?

The conference call for Rocket Companies's latest earnings report can be listened to online. Listen to Conference Call

How can I read Rocket Companies's conference call transcript?

The conference call transcript for Rocket Companies's latest earnings report can be read online. Read Transcript

How much revenue does Rocket Companies generate each year?

Rocket Companies (NYSE:RKT) has a recorded annual revenue of $4.43 billion.

How much profit does Rocket Companies generate each year?

Rocket Companies (NYSE:RKT) has a recorded net income of -$15.51 million. RKT has generated $0.11 earnings per share over the last four quarters.

What is Rocket Companies's price-to-earnings ratio?

Rocket Companies (NYSE:RKT) has a trailing price-to-earnings ratio of 175.56 and a forward price-to-earnings ratio of 87.77.

What is Rocket Companies's EPS forecast for next year?

Rocket Companies's earnings are expected to grow from $0.22 per share to $0.50 per share in the next year, which is a 127.27% increase.


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This page (NYSE:RKT) was last updated on 9/7/2024 by MarketBeat.com Staff

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