BRIEF-Rocket Companies Reports Special Dividend Of $1.11 Per Class A Share Of Common Stock

Reuters2021-02-26

Feb 25 (Reuters) - Rocket Companies Inc :

* ROCKET COMPANIES EXPERIENCES EXPLOSIVE GROWTH, REVENUE INCREASES 144% YEAR-OVER-YEAR TO $4.7 BILLION IN FOURTH QUARTER, COMPANY ANNOUNCES SPECIAL DIVIDEND OF $1.11 PER CLASS A SHARE OF COMMON STOCK

* QTRLY TOTAL REVENUE, NET $4,699 MILLION VERSUS $1,928 MILLION

* QTRLY GAAP DILUTED EPS$1.09

* QTRLY ADJUSTED DILUTED EPS $1.14

* QTRLY ADJUSTED REVENUE $4,775 MILLION VERSUS $1,825 MILLION

* GENERATED RECORD CLOSED LOAN ORIGINATION VOLUME OF $107.2 BILLION AND NET RATE LOCK VOLUME OF $96.0 BILLION IN Q4 OF 2020

* SEES CLOSED LOAN VOLUME OF BETWEEN $98 BILLION AND $103 BILLION IN Q1 2021

* SEES NET RATE LOCK VOLUME OF BETWEEN $88 BILLION AND $95 BILLION IN Q1 2021

* SEES GAIN ON SALE MARGINS OF 3.60% TO 3.90% IN Q1 2021

* Q4 EARNINGS PER SHARE VIEW $0.87, REVENUE VIEW $3.92 BILLION -- REFINITIV IBES DATA

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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定得利DT
2021-02-26
定得利DT
Where's the explosive share price increase to match the explosive growth? [无语]

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