R
eal Estate Services Stocks Q3 Review: Cushman & Wakefield vs Peers As the Q3 earnings season wraps up, let's examine this quarter's top performers in the real estate services industry, including Cushman & Wakefield (NYSE:CWK) and its peers. Technology has both helped and hindered real estate services - it increases transaction chances but also threatens key players like agents who exploit information asymmetries. The 14 tracked real estate services stocks reported a solid Q3, with revenues beating analysts' estimates by 1.6% while next quarter's guidance fell short by 7.8%. Despite this, share prices have risen 14.3% on average since the latest earnings results.

    Cushman & Wakefield (NYSE:CWK), a global commercial real estate firm based in Chicago, reported revenues of $2.34 billion, up 2.5% year-over-year but missing analysts' expectations by 1.8%. The company's adjusted operating income fell short of estimates, making it a slower quarter. Despite this, the stock is up 13.5% since reporting and trades at $14.90.

    In contrast, The Real Brokerage (NASDAQ:REAX), founded in Toronto in 2014, reported revenues of $372.5 million, up 73.5% year-over-year and beating analysts' expectations by 7.4%. This tech-driven brokerage firm achieved the fastest revenue growth among its peers but saw its stock decline 2.7% since reporting and trade at $5.49.

    Anywhere Real Estate (NYSE:HOUS), formerly known as Realogy Holdings, is a residential real estate company with a network of brokerages, franchises, and settlement services.