TTM finance figures for the S&P 500 indicate a market-wide P/E of 24.3, slightly above the 10-year median. This valuation implies elevated expectations, where even minor earnings misses could trigger sharp sell-offs in high-beta names. Rocket Companies has a strong position with its digital-native home lending products. However, this hasn't prevented it from being subject to the cyclical nature of the business. As a result, Rocket has made several moves to expand from being a mortgage originator to a platform company focusing on controlling the entire home-buying experience, from search through closing and servicing, angling to maintain a lifetime relationship with its customers. TTM Technologies (TTMI) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. The ttm finance readout on consumer discretionary stocks shows revenue growth of 7.5% YoY, supported by robust retail sales and resilient household spending patterns despite inflationary pressures.
