Rocket Companies Inc Ordinary Shares Class A
RKT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.H | LOCK|Q$J^ | LOCK|%#fbg?^^ |
Rocket Companies Earnings: Revenue Increases on Higher Mortgage Volume Offset by Weaker Pricing
Rocket's results continue to recover from their lows, with first-quarter adjusted revenue increasing 11.4% to $1.3 billion. Despite stronger results, the firm still faces pressure from difficult mortgage market conditions, with adjusted diluted earnings per share remaining flat at only $0.04.
