Rocket Companies's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Rocket Companies (NYSE:RKT) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a pattern of share price drops following earnings reports. The stock is currently trading at $10.66, down 1.36% over the last 52-week period.
August 04, 2023 | 11:47 am
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NEGATIVE IMPACT
Rocket Companies is expected to report a negative EPS, and its stock price has historically dropped after earnings reports. The stock is currently down over the past year.
Rocket Companies is expected to report a negative EPS, which could negatively impact investor sentiment. Additionally, the company's stock price has historically dropped after earnings reports, suggesting that investors may react negatively to the upcoming report. The stock is also down over the past year, indicating a negative trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100