Published on 21 Jan 2022 on Zacks via Yahoo Finance

Rocket Companies (RKT) Dips More Than Broader Markets: What You Should Know

Rocket Companies (RKT) closed the most recent trading day at $13.11, moving -1.13% from the previous trading session. This change lagged the S&P 500's 1.1% loss on the day. Elsewhere, the Dow lost 0.89%, while the tech-heavy Nasdaq added 0.03%.

Prior to today's trading, shares of the company had lost 12.3% over the past month. This has was narrower than the Business Services sector's loss of 19.01% and lagged the S&P 500's loss of 1.81% in that time.

Wall Street will be looking for positivity from Rocket Companies as it approaches its next earnings report date. On that day, Rocket Companies is projected to report earnings of $0.37 per share, which would represent a year-over-year decline of 67.54%. Our most recent consensus estimate is calling for quarterly revenue of $2.62 billion, down 44.17% from the year-ago period.