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Rocket (Rocket) Earnings per Share (Diluted)

: $-0.16 (TTM As of Dec. 2023)
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Rocket's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.09. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.16.

Rocket's EPS (Basic) for the three months ended in Dec. 2023 was $-0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.12.

Rocket's EPS without NRI for the three months ended in Dec. 2023 was $-0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.13.

During the past 7 years, Rocket's highest 3-Year average EPS without NRI Growth Rate was -17.50% per year. The lowest was -27.40% per year. And the median was -22.45% per year.


Rocket Earnings per Share (Diluted) Historical Data

The historical data trend for Rocket's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rocket Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Premium Member Only Premium Member Only - 1.76 2.32 0.28 -0.15

Rocket Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.16 0.05 0.04 -0.09

Competitive Comparison

For the Mortgage Finance subindustry, Rocket's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rocket PE Ratio Distribution

For the Banks industry and Financial Services sector, Rocket's PE Ratio distribution charts can be found below:

* The bar in red indicates where Rocket's PE Ratio falls into.



Rocket Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Rocket's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-15.514-0)/1980.524
=-0.01

Rocket's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-10.635-0)/1984.483
=-0.01

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Rocket  (NYSE:RKT) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Rocket Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Rocket's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Rocket (Rocket) Business Description

Traded in Other Exchanges
Address
1050 Woodward Avenue, Detroit, MI, USA, 48226
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
Executives
Varun Krishna officer: Chief Executive Officer 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
William C. Emerson director 1050 WOODWARD AVENUE, DETROIT MI 48226
Matthew Rizik director 1050 WOODWARD AVENUE, DETROIT MI 48226
Jay Farner director, officer: Chief Executive Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Tina V. John officer: General Counsel & Secretary C/O ROCKET COMPANIES, INC., 1050 WOODWARD AVENUE, DETROIT MI 48226
Daniel B Gilbert director, 10 percent owner 1050 WOODWARD AVENUE, DETROIT MI 48226
Rock Holdings Inc. director, 10 percent owner 1090 WOODWARD AVENUE, DETROIT MI 48226
Jennifer L. Gilbert director 1050 WOODWARD AVENUE, DETROIT MI 48226
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Julie Booth officer: Chief Fin. Officer & Treasurer 1050 WOODWARD AVENUE, DETROIT MI 48226
Angelo Vitale officer: General Counsel and Secretary 1050 WOODWARD AVENUE, DETROIT MI 48226
Walters Robert D. Jr. officer: President & Chief Oper Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Brian Nicholas Brown officer: Chief Accounting Officer 1050 WOODWARD AVENUE, DETROIT MI 48226

Rocket (Rocket) Headlines