eXp World Holdings (EXPI Quick QuoteEXPI - Free Report) shares ended the last trading session 5.7% higher at $16.85. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 43.4% gain over the past four weeks.

The increased optimism in the stock arises from the broader market recovery in the United States real estate operations sector.

This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of -130%. Revenues are expected to be $1.05 billion, down 2.6% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For eXp World Holdings, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on EXPI going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

eXp World Holdings is part of the Zacks Real Estate - Operations industry. Bridge Investment Group Holdings Inc. (BRDG Quick QuoteBRDG - Free Report) , another stock in the same industry, closed the last trading session 3.6% higher at $14.55. BRDG has returned 14.3% in the past month.

Bridge Investment Group Holdings Inc.'s consensus EPS estimate for the upcoming report has changed +1.5% over the past month to $0.21. Compared to the company's year-ago EPS, this represents a change of -8.7%. Bridge Investment Group Holdings Inc. currently boasts a Zacks Rank of #3 (Hold).