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Rocket Companies (RKT) Reports Q1 Earnings: What Key Metrics Have to Say
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Rocket Companies (RKT - Free Report) reported $2.82 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 117.8%. EPS of $0.15 for the same period compares to $0.04 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.7 billion, representing a surprise of +4.57%. The company delivered an EPS surprise of +15.39%, with the consensus EPS estimate being $0.13.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Rocket Companies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Loan servicing (loss) income- Servicing fee income: $1.08 billion versus $1.23 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +170.3% change.
Revenue- Gain on sale of loans, net: $1.38 billion versus the three-analyst average estimate of $1.36 billion. The reported number represents a year-over-year change of +78.3%.
Revenue- Loan servicing (loss) income- Change in fair value of MSRs: $-485 million versus $-609.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8% change.
Revenue- Loan servicing (loss) income, net: $598 million versus the two-analyst average estimate of $884.35 million. The reported number represents a year-over-year change of -1333.3%.
Revenue- Gain on sale of loans- Fair value of originated MSRs: $688 million compared to the $638.32 million average estimate based on two analysts. The reported number represents a change of +160.2% year over year.
Revenue- Gain on sale of loans- Gain on sale of loans excluding fair value of originated MSRs, net: $688 million versus the two-analyst average estimate of $727.01 million. The reported number represents a year-over-year change of +35.7%.
Shares of Rocket Companies have returned -3.6% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Rocket Companies (RKT) Reports Q1 Earnings: What Key Metrics Have to Say
Rocket Companies (RKT - Free Report) reported $2.82 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 117.8%. EPS of $0.15 for the same period compares to $0.04 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.7 billion, representing a surprise of +4.57%. The company delivered an EPS surprise of +15.39%, with the consensus EPS estimate being $0.13.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Rocket Companies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Rocket Companies here>>>
Shares of Rocket Companies have returned -3.6% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.