Overview
* Rocket Companies ( RKT ) Q3 adjusted revenue beats analyst expectations
* Adjusted EPS for Q3 exceeds analyst estimates
* Company completes acquisition of Mr. Cooper Group, enhancing market position
Outlook
* Company expects Q4 2025 adjusted revenue between $2.1 bln and $2.3 bln
Result Drivers
* MORTGAGE ORIGINATION - Co reports 14% increase in closed mortgage loan origination volume compared to prior year
* MR. COOPER ACQUISITION - Completion of Mr. Cooper acquisition enhances Rocket's market position
* AI INTEGRATION - Launch of AI-powered tools boosts loan officer productivity and client engagement
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $1.61
Revenue bln
Q3 Beat $1.79 $1.68
Adjusted bln bln (6
Revenue Analysts
)
Q3 Beat $0.07 $0.04 (8
Adjusted Analysts
EPS )
Q3 $158 mln
Adjusted
Net
Income
Q3 Net -$124
Income mln
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the financial technology (fintech) peer group is "buy."
* Wall Street's median 12-month price target for Rocket Companies Inc ( RKT ) is $19.50, about 16.7% above its October 29 closing price of $16.24
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)