Rocket Companies Expects Q1 Adjusted Revenue Of $925M-$1.075B, Est $929.87M
Portfolio Pulse from Benzinga Newsdesk
Rocket Companies has projected its Q1 adjusted revenue to be between $925 million and $1.075 billion, which is in line with the estimated $929.87 million.
February 22, 2024 | 9:34 pm
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Rocket Companies expects its Q1 adjusted revenue to range from $925 million to $1.075 billion, closely matching the estimated $929.87 million.
The projection of Q1 adjusted revenue by Rocket Companies is very close to the analyst estimates, which could lead to positive investor sentiment. The alignment with expectations suggests that the company is performing as anticipated, potentially stabilizing or increasing its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100