R
eal estate services stocks' Q2 earnings have been a mixed bag, with some companies thriving while others struggle. Technology has both empowered and threatened the industry, making it harder for traditional agents to compete. Despite this, the 12 real estate services stocks we track reported a strong quarter, beating analysts' revenue estimates by 2.6% and exceeding next quarter's guidance by 0.9%. Share prices have risen an average of 43.1% since the latest earnings results.

    CBRE (NYSE:CBRE), one of the largest commercial real estate services firms in the world, reported revenues of $9.75 billion, up 16.2% year on year and exceeding analysts' expectations by 4.3%. The company's strong performance was driven by its occupier and investor clients, who continued to execute their plans despite macroeconomic uncertainty. CBRE's stock is up 10.5% since reporting and currently trades at $162.12.

    The Real Brokerage (NASDAQ:REAX), a technology-driven real estate brokerage firm, reported revenues of $540.7 million, up 58.7% year on year and outperforming analysts' expectations by 12.1%. The company's business had a stunning quarter, with EPS in line with analysts' estimates and a solid beat of EBITDA estimates. The Real Brokerage pulled off the biggest analyst estimates beat and fastest revenue growth among its peers, with its stock up 28.2% since reporting.

    eXp World (NASDAQ:EXPI), a real estate company known for its virtual, cloud-based approach to brokerage, has been expanding rapidly. Founded in 2009, eXp World is well-positioned to capitalize on the shift towards digital real estate services.