DETROIT (AP) — DETROIT (AP) — Rocket Companies, Inc. (RKT) on Thursday reported second-quarter profit of $7.4 million.
On a per-share basis, the Detroit-based company said it had profit of 5 cents. Losses, adjusted for one-time gains and costs, came to 2 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The company posted revenue of $1.24 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $983.2 million.
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