earnings
confidence high
sentiment positive
materiality 0.85
Rocket Companies Q4 revenue $1.8B, GAAP EPS $0.23; full-year adj. revenue up 30% to $4.9B
Rocket Companies, Inc.
2024-FY EPS reported
$0.21
- Q4 GAAP net income $649M vs $(233)M loss year ago; diluted EPS $0.23 vs $(0.09).
- Q4 adjusted revenue $1.187B at high end of guidance; adjusted EBITDA $177M vs $55M.
- Full-year 2024 adjusted revenue $4.9B, up 30% YoY; adjusted diluted EPS $0.23 vs $(0.07).
- Closed loan origination volume $27.8B in Q4, up 61% from $17.3B; gain on sale margin 2.98% vs 2.68%.
- CEO cited 'foundational year' and launch of unified Rocket brand and Rocket.com platform.