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2 earnings for real‑estate‑services stocks show a mixed picture, with technology acting as a double‑edged sword: online listings widen reach but can erode the traditional agent’s advantage. The 12 companies we track collectively earned 2.6 % more revenue than analysts expected and raised next‑quarter guidance 0.9 % above forecasts. Since the latest results, the sector’s shares have risen an average of 59.3 %.

    JLL (NYSE:JLL), formed in 1999 from the merger of Jones Lang LaSalle and LaSalle Partners, posted $6.25 billion in revenue—an 11 % YoY increase—but fell 0.8 % short of consensus. The quarter was uneven; the stock has climbed 15 % to $313.75.

    The Real Brokerage (NASDAQ:REAX), a Toronto‑based tech‑first brokerage launched in 2014, reported $540.7 million in revenue, up 58.7 % YoY, beating expectations by 12.1 %. EPS matched forecasts and EBITDA outperformed analysts. The shares gained 26.4 % to $5.19, marking the fastest revenue growth and biggest consensus beat among peers.

    eXp World (NASDAQ:EXPI), a virtual brokerage founded in 2009, earned $1.31 billion—1.1 % growth—slightly ahead of forecasts by 0.6 %, yet it missed adjusted operating‑income estimates, making it the weakest performer of the group.