==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."

Unusual Options Activity Thur 7/31/25

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity

• APLD Weekly Aug01 14 calls are seeing interest with the underlying stock up 34% (volume: 12.8K, open int: 5.1K, implied vol: ~92%, prev day implied vol: 78%). Co reported earnings last night and is expected to report its next quarterly earnings report late October.
• RKT Weekly Aug01 15.5 calls are seeing interset ahead of earnings tonight after the close (volume: 32.3K, open int: 2.9K, implied vol: ~65%, prev day implied vol: 59%).
• AI Weekly Aug01 29.5 calls (volume: 14.0K, open int: 16.4K, implied vol: ~58%, prev day implied vol: 54%). Co is expected to report earings late August.
  

Bearish Put Activity

• PLTR Weekly Aug01 157.5 puts (volume: 14.8K, open int: 5.7K, implied vol: ~66%, prev day implied vol: 55%). Co is confirmed to report earnings August 4 before the open.
• VRT Weekly Aug01 22 puts (volume: 4.7K, open int: 4.9K, implied vol: ~49%, prev day implied vol: 45%). Co is expected to report earnings late October.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.90, VIX: (15.43, -0.05, -0.3%).
August 15 is options expiration -- the last day to trade August equity options.

Earnings this week : Jul 28 - Aug 1, 25 (wk 31)

Monday (July 28)

• Morning: BOH EPD RVTY
• Afternoon: ABCB AMKR NTB BYON BRX BRO CDNS CINF CNO CDP CR CURB EXEL HLIT HIG KFRC KRC NOV NUE OLN PDM PCH PFG RMBS SANM SSD UFPI UCTT UHS VLTO WM WELL WU WHR WWD

Tuesday (July 29)

• Morning: ALKS AMT HOUS ARCC AWI ABG AZN BA BAND BRSL CARR CBRE CECO CLS CVLT CSTM GLW DTE EXP ECL XPRO FELE GATX WGS GPK HRI HUBB INCY JBLU JCI KNSA LAD MRK NEOG NEO NSC PYPL PHG PJT PII PG RGEN RCL SOFI SPOT SWK SYY TRS UNH UPS
• Afternoon: AKR ACGL APAM ASH ATRC CAR AXS BKNG BXP CZR CWH CAKE CHE EA ESS EXLS EXE FCF FIBK FCPT FRSH FYBR FTAI HIW HLI KAI LSTR LC MARA MDLZ NBR NXT NMIH NWBI OI PEB PEN PPG QRVO RRR REG RSG STX ST STAG SBUX TDOC TER TX TTAM UMBF UNM VRNS V WPC WERN WSBC ZWS

Wednesday (July 30)

• Morning: ADP AEM AEP AER ARCB ASC AXTA BG BLCO BLKB CHEF CHKP CLH CLVT COCO CRTO DRS EDU ENTG ETR ETSY EVR FDP FSS FTV FVRR GEHC GNRC GRMN GSK GTES HAYW HESM HOG HSY HUM IEX INMD IONS ITW KHC LFUS LXP MNRO MO MTRN NAVI NMRK ODFL OGE OPCH OSW PAG PUMP RDWR REYN SCL SF SHOO SITE SLGN SMG SNBR STNG STRA SW SXC TEVA THRY TKR TT TW UMC UTHR VFC VIRT VRSK VRT WEC WING WSO
• Afternoon: AEM AIN ALB ALGN ALHC ALKT ALL AM AMSC APLD AR ARM AVB AWK AX BHE BKH CBZ CFLT CGNX CHRW CNMD CP CRK CSL CTOS CTSH CVI CVNA DXCM EBAY EG EIG EPR EQIX ESI ETD EVTC EXR F FE FFIV FICO FLS FMC FORM GH GKOS GRBK HOLX HOOD HST INVH IRT LRCX MAA MCW META MGM MGY MKL MMSI MOD MSFT MTG MUSA MYRG NBIX NFG NTGR NWE PBI PI PPC PRU PSA PTC QCOM QTWO RDN RGR RSI RUSHA SCI SFM SIMO SKWD SPSC SUI TENB THG TMDX TNK TROX TS TSLX TTEK TTMI TYL UDMY UDR VICI VSEC VTR WAY WDC WHD

Thursday (July 31)

• Morning: ABBV AGCO AGI ALGM ALNY AME AMG APD APG APLS APTV ARW ATHM ATI BAX BCPC BDC BIGC BIIB BIP BLDR BMY BTU BUD BWA CCJ CFR CI CIGI CMCSA CMRE CMS CRS CVE CVS CWT DFIN DINO DTM EEFT EME EXC FOLD GEL GFL GIL GOOS GTLS HGV HII HWM IART ICE IDA IDCC IP ITRI ITT JHG K KBR KEX KGC KIM KKR LAUR LECO LNC LSPD MA MAS MEOH MGPI MKL MLCO MPW MT NCLH NSIT OIS OMCL PATK PBF PCG PPL PRLB PWR RBLX SHAK SIRI SNDR SNY SO SPGI STGW TEX TFX THS TRN TRP UPBD UTZ VAL VCEL VMC VNT WCC WTW XEL XPO XRX XYL
• Afternoon: AAPL  ACCO ADC  AEVA  AEE AES AJG AMH AMZN APPF  ASUR ATEC ATR AVD  AXTI  BE BFAM  BHR BIO BJRI BOOT BZH  CABO CACC CCCS CLX COHU COIN COLM CORT CPT CUBE CUZ CWST DLB DXC EIX EMN ENVX ES EXPI EXPO FBIN FHI FIVN FND FSLR GDYN HR HTGC HUBG HUN HURN ICFI ILMN INOD IR IRTC KLAC KWR LEG LOCO LPLA LUMN MATX MELI MPWR MSTR MTD MTZ NET NOG NVST OHI OLED OPK PCOR PK PRDO PRO RDDT RGA RIOT RKT RMD RMNI ROKU RYAN SEM SKWD SM SNCY SPXC SVV SYK TREE WK WKC WSC WTRG

Friday (August 1) 

• Morning: ARES AVNT AVTR BEN BTSG CBOE CHD CL CNH CVX D FLGT FLR FTS GWW IMO INGR KMB LIN LYB MGA MRNA NSP NVT NWL OSK PIPR PWP RBC REGN TILE TROW TU WT XHR XOM
• Afternoon: MIR 

Rocket Companies (RKT) reported earnings on Wed 2 Sept 20 (a/h)

 ** charts before earnings **
Ticker: RKT 

** charts after earnings **

Rocket Companies reports Q2 results; adjusted revenue up 437%, closed loan origination volume up 126% yr/yr 

Reports adjusted revenue of $5.037 bln, up 437% yr/yr.

Reports adjusted net income of $2.850 bln, up 995% yr/yr.

Generated record closed loan origination volume of $72.3 billion and net rate lock volume $92.0 billion, which represented year-over-year improvements of 126% and 170%, respectively.

Third Quarter Outlook: Sees net rate lock volume of between $93-$98 bln, which would represent an increase of 98% to 108% compared to $47.0 bln in the third quarter of 2019.

• Sees closed loan volume of between $82-$85 billion, or an increase of 105% to 112% compared to $40.3 bln in the third quarter of 2019.
• Co states that it continues to see strong consumer demand for home loans into the third quarter of 2020.  
• As of August 31, 2020, approximately 96,000 clients, or 4.7% of its total servicing portfolio, were on a forbearance plan related to COVID-19.