8/104 sources · 2 publishersUpdated Nov 4, 19:47 UTC
Rocket Companies Posts Q3 Earnings Beat as Q4 Revenue Guidance Falls
Rocket Companies reported third-quarter results in late October, including adjusted EPS of $0.15 and net income of $709 million. Management said the company increased its share of both home-purchase and refinance lending despite higher mortgage rates. Rocket guided to Q4 revenue of $2.10B-$2.30B, and its stock rose 7.6% on November 2 after the earnings report.
Why it matters
The results provide a positive earnings catalyst and show share gains in a difficult mortgage market. The Q4 outlook points to a sequential slowdown, which may limit the earnings momentum from the third quarter.
Key facts
- 1Rocket reported adjusted EPS of $0.15 for the quarter. finance.yahoo.com
- 2Management estimated purchase-loan share at nearly 6.5%, up from 6.2% in the second quarter, while refinance share rose to 15.5% from 14.3%. finance.yahoo.com
- 3Rocket reported net income of $709 million, compared with a loss of $124 million a year earlier. finance.yahoo.com
- 4The company guided to Q4 revenue of $2.10B-$2.30B. timothysykes.com
- 5Rocket stock gained 7.6% on November 2, 2026, while the S&P 500 fell 0.5%. finance.yahoo.com
Open questions
- Reported revenue is not presented on a single comparable basis across the materials: material 1 cites $2.57B, material 2 cites adjusted revenue of $2.6 billion, material 3 cites total revenue of about $2.10B and separately references $3.28B versus $2.58B expected, and material 4 cites $3.28B.
- The materials describe different stock-move dates and percentages, including 7.4% on October 30, 7.6% on November 2, 7.64% on November 4, and 8.62% without a clearly consistent measurement window.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.