20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Editor's Note: This article has been updated to remove a mischaracterization of Rocket Companies' fourth-quarter earning figure.
Rocket Companies (NYSE:RKT) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Rocket Companies reported quarterly adjusted earnings of zero cents per share, which beat the analyst consensus estimate of losses of 4 cents.
Revenue was up $202.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 6.54% increase in the share price the next day.
Here's a look at Rocket Companies's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.05 | -0.09 | -0.11 |
EPS Actual | 0 | -0.02 | -0.06 | -0.10 |
Revenue Estimate | 975.55M | 983.18M | 772.53M | 682.73M |
Revenue Actual | 1.00B | 1.00B | 882.00M | 683.00M |
To track all earnings releases for Rocket Companies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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