Rocket Companies Inc Ordinary Shares Class A

RKT: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Rocket Companies: Higher Mortgage Rates Are a Headwind as Revenue Decreases Sequentially

Rocket reported somewhat disappointing earnings as rising mortgage rates pressured mortgage originators industrywide. Adjusted revenue was $2.76 billion, down sequentially from $2.94 billion last quarter, despite the spring selling season. Diluted earnings per share were $0.08.

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