Rocket Companies Sees Q4 2023 Revenue $650M-$800M Vs $948.56M Est
Portfolio Pulse from Benzinga Newsdesk
Rocket Companies has projected its Q4 2023 revenue to be between $650M and $800M, which is significantly lower than the estimated $948.56M.
November 02, 2023 | 8:12 pm
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NEGATIVE IMPACT
Rocket Companies' lower than expected revenue forecast for Q4 2023 could negatively impact its stock price.
Rocket Companies' projected revenue for Q4 2023 is significantly lower than the estimated $948.56M. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100