Rocket Companies Inc Ordinary Shares Class A

RKT: XNYS (USA)
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Rocket Companies Earnings: Decent Results but High Mortgage Rates Are Still a Headwind

Rocket's second-quarter results were slightly better than expected, but earnings are still depressed by low mortgage volume industrywide. Adjusted net revenue increased 9.1% from last year to $1.34 billion, and adjusted EPS dropped to $0.04 from $0.06 last year due to higher spending.

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