Rocket Companies reported quarterly earnings of 89 cents per share, in line with forecasts. Loan volume for the lender jumped during the quarter, but current-quarter guidance for the key metric of “gain-on-sale” margins is well below first-quarter levels. Its shares plummeted 13.6% in premarket trading. Rocket Companies CEO Jay Farner joined “Squawk Box” on Thursday to discuss.
Thu, May 6 20218:12 AM EDT