Rocket Corporations RKT is about to provide its newest quarterly earnings report on Tuesday, 2023-02-28. This is what buyers have to know earlier than the announcement.
Analysts estimate that Rocket Corporations will report an earnings per share (EPS) of $-0.11.
Rocket Corporations bulls will hope to listen to the corporate announce they’ve not solely crushed that estimate, but in addition to supply constructive steering, or forecasted progress, for the subsequent quarter.
New buyers ought to be aware that it’s generally not an earnings beat or miss that almost all impacts the value of a inventory, however the steering (or forecast).
Historic Earnings Efficiency
Final quarter the corporate missed EPS by $0.05, which was adopted by a 2.92% drop within the share value the subsequent day.
This is a take a look at Rocket Corporations’s previous efficiency and the ensuing value change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This fall 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 0.03 | 0.19 | 0.37 |
| EPS Precise | -0.08 | -0.03 | 0.15 | 0.32 |
| Value Change % | -2.92% | -3.63% | -5.07% | 5.97% |
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This fall 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 0.03 | 0.19 | 0.37 |
| EPS Precise | -0.08 | -0.03 | 0.15 | 0.32 |
| Value Change % | -2.92% | -3.63% | -5.07% | 5.97% |
Inventory Efficiency
Shares of Rocket Corporations have been buying and selling at $7.87 as of February 24. During the last 52-week interval, shares are down 41.08%. On condition that these returns are usually detrimental, long-term shareholders are probably bearish going into this earnings launch.
To trace all earnings releases for Rocket Corporations go to their earnings calendar on our web site.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
Supply hyperlink
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2QZKBOKWZROB5IZVT3ERHDE4VI.jpg)
