During Rocket Companies‘ third-quarter 2024 earnings call, the Detroit-based parent company of Rocket Mortgage said that it expected adjusted revenue of $1.05 billion to $1.2 billion in the fourth quarter.

But on Thursday’s earnings call for Q4 2024, the company reported that it generated net revenue of $1.8 billion and adjusted revenue of $1.2 billion, with the latter figure coming in at the high end of Rocket’s expectations.

Per Brian Brown, Rocket’s chief financial officer, this represents a 34% increase from Q4 2023 and marked the company’s sixth consecutive quarter of year-over-year adjusted revenue growth.

Tech-driven growth

Rocket Companies details ⇒

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