Core Insights - Rocket Companies reported revenue of $1.34 billion for the quarter ended June 2025, reflecting a 3% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.25 billion by 6.85% [1] - The company's EPS was $0.04, down from $0.06 in the same quarter last year, but exceeded the consensus estimate of $0.03 by 33.33% [1] Revenue Breakdown - Gain on sale of loans excluding fair value of MSRs was $472.38 million, exceeding the average estimate of $437.81 million by analysts, representing a 14.4% increase year-over-year [4] - Fair value of originated MSRs was reported at $343.53 million, slightly below the estimated $421.95 million, showing a minor decline of 0.6% compared to the previous year [4] - Servicing fee income from loan servicing was $401.28 million, which was lower than the estimated $410.87 million but still showed a 13.1% increase year-over-year [4] - Change in fair value of MSRs reported at -$198.89 million, better than the estimated -$279 million, indicating a significant year-over-year improvement of 76.1% [4] - Other income was $309.34 million, surpassing the estimate of $298.67 million, marking a 14.9% increase from the previous year [4] - Net gain on sale of loans was $815.9 million, below the estimated $860.09 million, but still reflecting a 7.6% increase year-over-year [4] - Net loan servicing income was $202.39 million, significantly higher than the estimated $131.88 million, although it represented a decline of 16.3% year-over-year [4] - Net interest income was $32.62 million, exceeding the estimate of $25.06 million, with a year-over-year increase of 4.8% [4] - Interest income was reported at $123.5 million, surpassing the estimated $91.94 million, reflecting a 9.9% increase compared to the same quarter last year [4] Stock Performance - Over the past month, shares of Rocket Companies have returned +0.6%, underperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Rocket Companies (RKT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates