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Rocket Companies Q2 Adjusted Earnings, Revenue Rise; Shares Fall After Hours

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Rocket Companies (RKT) reported Q2 adjusted earnings late Thursday of $0.16 per diluted share, up from $0.04 a year earlier.

Analysts polled by FactSet expected $0.16.

Revenue in the three months ended June 30 rose to $2.78 billion from $1.45 billion a year ago.

Analysts projected $2.81 billion.

The company expects Q3 adjusted revenue of $2.5 billion to $2.7 billion. Analysts project $2.86 billion.

Rocket's shares fell 10% in after-hours trading.

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