Here are the key financial highlights for Rocket Companies Inc (RKT) for the third quarter:
- The company reported a net loss of $481 million, compared to a profit of $115 million in the same quarter last year.
- Earnings per share (EPS) fell to a loss of $0.19 from a positive $0.04 in the same period last year.
- After accounting for adjustments, Rocket Companies recorded earnings of $166 million, or $0.08 per share, aligning with analysts' expectations of $0.08 per share.
- Revenue for the third quarter was $647 million, down from $1.203 billion in the previous year.
**Future Guidance**: Rocket Companies projects revenue for the next quarter to be in the range of $1.05 billion to $1.20 billion.
