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Rocket Q3 EPS, Revenue Rise; Q4 Revenue Outlook Set -- Shares Slump After Hours
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Rocket Q3 EPS, Revenue Rise; Q4 Revenue Outlook Set -- Shares Slump After Hours
Nov 12, 2024 6:59 PM

04:45 PM EST, 11/12/2024 (MT Newswires) -- Rocket Companies ( RKT ) reported Q3 adjusted earnings late Tuesday of $0.08 per diluted share, compared with a breakeven a year earlier.

Analysts polled by Capital IQ estimated $0.08.

Adjusted revenue for the quarter ended Sept. 30 was $1.32 billion, up from $1 billion a year earlier. Four analysts in a Capital IQ survey projected $1.29 billion.

For Q4, the company expects adjusted revenue of $1.05 billion to $1.20 billion. Four analysts in a Capital IQ poll are looking for $1.31 billion.

Rocket shares were down more than 8% in recent after-hours activity.

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