Why Shares of Rocket Companies Are Soaring Today
Shares of Rocket Companies (NYSE: RKT) traded nearly 14% higher, as of 11:29 a.m. ET today, after the company reported better-than-expected earnings results and issued strong guidance for the third quarter of the year.
In the second quarter, Rocket reported adjusted diluted earnings per share of $0.04 on adjusted revenue of $1.34 billion, both of which came in ahead of Wall Street analyst estimates, and exceeded the high end of management's previous guidance.
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Source Fool.com
