Back to top
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Advance Auto Parts, Inc. (AAP) - $25 value - yours FREE >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Advance Auto Parts, Inc. (AAP) - $25 value - yours FREE >>
Image: Bigstock
Rocket Companies (RKT) to Post Q2 Earnings: What to Expect?
Rocket Companies, Inc. (RKT - Free Report) will report second-quarter 2021 results on Aug 12, after the bell.
The company’s earnings missed the Zacks Consensus Estimate by 2.2% in the first quarter of 2021.
Expectations This Time Around
The company’s top line in the quarter is expected to have benefited from increase in Direct to Consumer as well as Partner Network mortgage originations, ensuing growth in gain on sale revenues. The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $2.8 billion. Operating performance is likely to have benefited the bottom line, the consensus estimate for which is pegged at 46 cents per share.
What Our Model Says
Our proven Zacks model does not conclusively predict an earnings beat for Rocket this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Rocket has an Earnings ESP of +3.43% and carries a Zacks Rank #5 (Strong Sell).
Rocket Companies, Inc. Price and EPS Surprise
Rocket Companies, Inc. price-eps-surprise | Rocket Companies, Inc. Quote
Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat onsecond quarter 2021 earnings.
Advance Auto Parts (AAP - Free Report) , with an Earnings ESP of +25.92% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
CyberArk Software (CYBR - Free Report) , with an Earnings ESP of +37.93% and carrying a Zacks Rank of 2 as well.
BTRS Holdings , with an Earnings ESP of +62.5% and a Zacks Rank #2.