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Business

Wayne Duggan

'Remain Cautious On Mortgage Originators': Rocket Companies Analysts React To Mixed Q1 Earnings

Rocket Rocket Companies United States NYSE RKT Rocket Companies Inc Mihir Bhatia Bank of America Credit Suisse Wells Fargo

Rocket Companies Inc (NYSE:RKT) shares are trading lower by 5.5% after the mortgage lender reported a sharp decline in revenue.

On Tuesday afternoon, Rocket reported first-quarter adjusted EPS of 15 cents, missing consensus analyst estimates of 19 cents. Revenue for the quarter was $2.67 billion, beating Wall Street's expectations of $2.17 billion. Revenue was down 41% from a year ago.

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Top stories on inkl right now

Los Angeles County Confirms First Cychlorphine Overdose Death From a Potent Opioid That Fentanyl Test Strips Miss

Los Angeles County Confirms First Cychlorphine Overdose Death From a Potent Opioid That Fentanyl Test Strips Miss

LA County confirmed its first cychlorphine overdose death. The opioid evades fentanyl test strips. What to know about naloxone and free drug testing.

E. coli Outbreak Tied to Chicken Wraps Grows to 50 Cases, but Officials Have Not Named a Brand

An E. coli O157:H7 outbreak tied to chicken wraps has grown to 50 cases, FDA data show. The brand is still unnamed. Symptoms and when to seek care.

Minnesota Measles Cases Reach 42 as Todd and Fillmore County Outbreaks Add 23 Cases in Three Weeks

Minnesota Measles Cases Reach 42 as Todd and Fillmore County Outbreaks Add 23 Cases in Three Weeks

Minnesota measles cases reach 42 as Todd and Fillmore County outbreaks add 23 cases in 21 days, all among unvaccinated people. What families should do.

Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

The Singapore-flagged GFS Pride went down after a fire broke out on board, Singapore said. All 21 crew members were evacuated safely. The vessel was carrying more than 2,500 containers when it sank, according to Iran's Islamic Revolutionary Guard Corps (IRGC) navy, which claimed the ship had entered an “unauthorised…

The Times of India

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Mom Of The Teen Behind The Oregon Elementary School Tragedy Breaks Silence, As First Photos Of Him Are Revealed

Mom Of The Teen Behind The Oregon Elementary School Tragedy Breaks Silence, As First Photos Of Him Are Revealed

The mother of 16-year-old Griffin J. John II has spoken out after he was accused of carrying out a deadly shooting at Silver Rail Elementary School in Oregon.

Federal Officials Pledge Pennsylvania a Measles Disease Detective and Nearly $4 Million as Cases Reach 1,222

Federal Officials Pledge Pennsylvania a Measles Disease Detective and Nearly $4 Million as Cases Reach 1,222

Pennsylvania measles cases reach 1,222 as the CDC prepares to send an Epi-Aid disease detective and nearly $4 million in federal funding.

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Los Angeles County Confirms First Cychlorphine Overdose Death From a Potent Opioid That Fentanyl Test Strips Miss

Los Angeles County Confirms First Cychlorphine Overdose Death From a Potent Opioid That Fentanyl Test Strips Miss

LA County confirmed its first cychlorphine overdose death. The opioid evades fentanyl test strips. What to know about naloxone and free drug testing.

E. coli Outbreak Tied to Chicken Wraps Grows to 50 Cases, but Officials Have Not Named a Brand

An E. coli O157:H7 outbreak tied to chicken wraps has grown to 50 cases, FDA data show. The brand is still unnamed. Symptoms and when to seek care.

Minnesota Measles Cases Reach 42 as Todd and Fillmore County Outbreaks Add 23 Cases in Three Weeks

Minnesota Measles Cases Reach 42 as Todd and Fillmore County Outbreaks Add 23 Cases in Three Weeks

Minnesota measles cases reach 42 as Todd and Fillmore County outbreaks add 23 cases in 21 days, all among unvaccinated people. What families should do.

Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

The Singapore-flagged GFS Pride went down after a fire broke out on board, Singapore said. All 21 crew members were evacuated safely. The vessel was carrying more than 2,500 containers when it sank, according to Iran's Islamic Revolutionary Guard Corps (IRGC) navy, which claimed the ship had entered an “unauthorised…

The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Mom Of The Teen Behind The Oregon Elementary School Tragedy Breaks Silence, As First Photos Of Him Are Revealed

Mom Of The Teen Behind The Oregon Elementary School Tragedy Breaks Silence, As First Photos Of Him Are Revealed

The mother of 16-year-old Griffin J. John II has spoken out after he was accused of carrying out a deadly shooting at Silver Rail Elementary School in Oregon.

Federal Officials Pledge Pennsylvania a Measles Disease Detective and Nearly $4 Million as Cases Reach 1,222

Federal Officials Pledge Pennsylvania a Measles Disease Detective and Nearly $4 Million as Cases Reach 1,222

Pennsylvania measles cases reach 1,222 as the CDC prepares to send an Epi-Aid disease detective and nearly $4 million in federal funding.

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Quentin Tarantino awkwardly confronts Ellen DeGeneres over chat show snub

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Youngest Astronaut To Walk the Moon Claims UFOs Are 'Demonic' Deceptions Following Sign From God

Apollo 16 astronaut Charlie Duke says UFOs are 'demonic' after a breakfast talk he took as a sign from God, highlighting the divide between faith and evidence.

International Business Times UK

Self-Described UFO Expert Claims NASA Image Shows a Massive Alien Ship Moving at 'Tremendous Speed'

Self-described UFO expert Scott C Waring says a rectangular shape in a solar image is a huge alien spacecraft, but its size, speed and nature remain unverified.

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UT Austin student heads for a ‘free matcha’ sign near campus. Then she sees whose building it is and covers her mouth

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A$AP Rocky Makes Cheeky Rihanna Confession After Son Riot Joins Him on Stage

A$AP Rocky said his three-year-old son Riot 'stole' a moment during the rapper's Copenhagen tour performance, after Rihanna brought the toddler on stage at the Royal Arena.

International Business Times UK

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