Compass, Inc. (NYSE: COMP) shares surged 14.60% in post-market trading on Tuesday, following the release of its first-quarter 2026 financial results that significantly exceeded analyst expectations.

The real estate services company reported a quarterly profit of $0.03 per share, a notable swing from a loss of $0.09 per share in the same period last year and beating the FactSet consensus estimate for a loss of $0.19 per share. Revenue more than doubled year-over-year to $2.704 billion, surpassing the analyst consensus estimate of $2.668 billion. Net income attributable to stockholders reached $22 million, compared to a net loss of $51 million in Q1 2025.

Management highlighted strong operational performance and raised its 2026 cost synergy targets, increasing the realized cost synergy target from $100 million to $200 million. The company also provided an optimistic outlook for the second quarter, forecasting revenue between $4.0 billion and $4.2 billion, which exceeds analyst expectations. These robust results and forward guidance are driving positive investor sentiment.