secwatch.observer — SEC 8-K summary
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Issuer:     Rocket Companies, Inc. (RKT)
CIK:        0001805284
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001805284-24-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocket Companies Q2 adjusted revenue $1.228B beat guidance; net income $178M vs $139M YoY
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- Total revenue net $1.301B (+5.3% YoY); adjusted revenue $1.228B exceeded high end of guidance range.
- GAAP net income $178M ($0.01 diluted EPS); adjusted net income $121M ($0.06 adjusted EPS).
- Adjusted EBITDA $225M, up from $18M in Q2 2023; fifth consecutive YoY increase.
- Closed loan origination volume $24.7B; gain on sale margin 2.99% (vs 2.67% YoY).
- First Investor Day to be held on September 10, 2024 in Detroit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805284/000180528424000132/0001805284-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805284/000180528424000132/rkt-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001805284-24-000132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer