DETROIT (AP) _ Rocket Companies, Inc. (RKT) on Wednesday reported first-quarter earnings of $123.7 million.

On a per-share basis, the Detroit-based company said it had profit of $1.07. Earnings, adjusted for one-time items, were 89 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The company posted revenue of $4.58 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $4.41 billion.

Rocket Companies shares have risen 13% since the beginning of the year.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RKT at https://www.zacks.com/ap/RKT

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