secwatch.observer — SEC 8-K summary
======================================

Issuer:     Rocket Companies, Inc. (RKT)
CIK:        0001805284
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001805284-24-000177
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 Q3 adjusted revenue $1.323B beats guidance; GAAP net loss $481M
--------------------------------------------------------------------------------

- Total revenue $647M; adjusted revenue $1.323B, up 32% YoY and above guidance high end.
- GAAP net loss $481M ($0.19 diluted loss per share); adjusted net income $166M ($0.08 EPS).
- Adjusted EBITDA $286M, highest in two years; closed loan origination volume $28.5B, up 28% YoY.
- Net rate lock volume $29.8B, up 43% YoY; gain on sale margin 2.78% vs 2.76% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805284/000180528424000177/0001805284-24-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805284/000180528424000177/rkt-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001805284-24-000177

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