12:09 PM EDT, 08/12/2024 (MT Newswires) -- (Updates with the stock price movement in the headline and the first paragraph.)

KE Holdings ( BEKE ) shares were up 6.4% in recent Monday trading after the company posted its Q2 results that topped market expectations.

The company reported Q2 adjusted earnings of 2.28 Renminbi ($0.32) per diluted share, up from 1.96 Renminbi per share a year earlier.

Analysts polled by Capital IQ expected 1.52 Renminbi per share.

Revenue for the quarter ended June 30 was 23.37 billion Renminbi compared with 19.48 billion Renminbi a year earlier.

Analysts surveyed by Capital IQ expected 22.10 billion Renminbi.

Price: 14.93, Change: +0.90, Percent Change: +6.38