Rocket Companies Inc Ordinary Shares Class A
RKT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.k | LOCK|!Xl< | LOCK|qf<?#Yb |
Rocket Companies Earnings: Decent End to a Challenging 2024 on Higher Volume and Pricing
Thanks to a dip in mortgage rates, Rocket Companies reported solid fourth-quarter results with adjusted revenue increasing 34% to $1.19 billion. Despite the increase in revenue, the firm still faces difficult mortgage conditions, and adjusted diluted earnings per share was only $0.04.
