Shares of Stewart Information Services (STC) are soaring 6.28% in pre-market trading on Thursday, following the company's impressive second-quarter earnings report. The title insurance and real estate services firm significantly outperformed analysts' expectations, demonstrating robust financial performance amid challenging market conditions.

Stewart Information reported adjusted earnings of $1.34 per diluted share for Q2, surpassing the $1.19 per share forecast by analysts and showing substantial growth from $0.91 a year earlier. The company's revenue also exceeded expectations, reaching $722.2 million compared to the anticipated $662.6 million and marking a significant increase from $602.2 million in the same quarter last year.

This strong financial performance comes as a positive surprise to investors, especially considering the current uncertainties in the real estate market. The substantial beat on both earnings and revenue fronts suggests that Stewart Information's business strategy and market positioning are paying off, driving investor optimism and the subsequent stock price surge in early trading.