==Rocket Companies (RKT) reported earnings on Thur 31 Jul 25 (a/h)

 

Rocket Companies beats by $0.01, beats on revs; guides Q3 revs above consensus

• Reports Q2 (Jun) earnings of $0.04 per share, excluding non-recurring items, $0.01 better than the FactSet Consensus of $0.03; revenues rose 4.5% year/year to $1.36 bln vs the $1.27 bln FactSet Consensus.
• Co issues upside guidance for Q3, sees Q3 revs of $1.60-1.75 bln vs. $1.5 bln FactSet Consensus.
• "Rocket delivered a standout second quarter, exceeding the high end of guidance with $1.34 billion in adjusted revenue and delivering adjusted diluted EPS of $0.04," said Varun Krishna, CEO and Director of Rocket Companies. "Successfully closing the Redfin transaction marks a proud milestone in our legacy. We're already seeing early signs of what's possible with Rocket and Redfin together: our purchase funnel is expanding, conversion rates are rising, and Redfin clients are beginning to close with Rocket."