Rocket Companies Inc Ordinary Shares Class A
RKT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.B | LOCK|&!Vx | LOCK|kKK$Q@< |
Rocket Earnings: Better-Than-Feared Results, but the Worst Is Yet to Come
Rocket reported solid third-quarter earnings as higher mortgage rates had less of a negative impact than expected. Adjusted revenue was $2.8 billion, up slightly from $2.76 billion last quarter, despite higher interest rates. Adjusted diluted earnings per share were $0.15, up from $0.07 last year.
