![]() ![]() The company’s auto segment saw $530 million in gross merchandise value. Rocket Mortgage had its highest purchased closed loan volume in company history in the quarter, with volume up 70% year-over-year. The company has $88 billion in mortgage origination closed loan volume in the quarter. “We had an excellent third quarter, as we executed on our mission to remove friction from life’s complex moments,” said CEO Jay Farner. ![]() ![]() The third quarter marked the second consecutive record purchase quarter for the company. The company exceeded the top end of its closed loan volume and margin guidance. Quarterly earnings of 57 cents per share beat the analyst consensus estimate of 48 cents by 18.75%. What Happened: Rocket Companies reported adjusted third-quarter revenue of $3.16 billion, beating a street consensus of $2.93 billion. Rocket Companies Inc RKT reported third-quarter financial results after market close Thursday.
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