Rocket Companies’ First Quarter Profits Are Up as New Loans Hit $20 Billion (NYSE:RKT)

Coin Stacks And Graphs On A Chessboard


Rocket companies (NYSE: RKT) stock rose 1.7% in after-hours trading on Thursday, after the fintech-focused lender posted its third consecutive quarter of accelerating revenue growth and the highest profitability in two years.

Rocket Mortgage’s parent company expects second-quarter adjusted revenue of $1.075 billion to $1.225 billion versus $1.22 billion