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Research Alert: Uber: Q1 Results Near Consensus; Uber One Growth Provides Continued Upside

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Uber posted Q1 revenue of $13.20B (+14% Y/Y), just below consensus $13.26B, while non-GAAP EPS of $0.72 was also near expectations ($0.71), representing an improvement from the prior quarter's 12% EPS miss. We view these near-consensus results positively given record operating margins achieved for both Mobility (7.7%) and Delivery (3.7%), demonstrating impressive operational leverage despite bookings growth headwinds of 60-80 bps associated with severe weather and the Middle East conflict. Gross Bookings grew 25% (21% ex-FX), exceeding 21% for the third consecutive quarter as core business momentum remains strong. For Q2, management expects Gross Bookings growth of ~20% ex-FX with an EPS midpoint of $0.80 (vs. consensus $0.81). Platform engagement metrics show slight deceleration, with MAPCs at 199M (+17% vs. +22%) and Uber One membership reaching 50M (+50% Y/Y vs. +55%). Uber AV trips are now available in eight cities, with 15 cities still planned by end-2026. AV Mobility trips were up over 10x Y/Y in Q1.

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Research Alert: Jci: Earnings Well Ahead Of Consensus; Fy 26 Eps Guidance Raised

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:JCI reported strong Q2 FY 26 results, with adjusted EPS of $1.19 surging 45% Y/Y and beating consensus by $0.07, while sales rose 8% to $6.14B (organic +6%). Adjusted EBIT margin expanded 310 bps to 15.5%, driven by strong volumes, favorable pricing, and productivity improvements, with particularly robust performance in EMEA and Asia-Pacific. The company's backlog reached $20.0B (+26% organically), fueled by a 30% organic surge in orders as customers accelerated investments in data center projects. Management raised FY 26 adjusted EPS guidance to ~$4.85 (from ~$4.70), above the $4.76 consensus, while lifting organic sales growth expectations to ~6% from mid-single digits previously. Despite the strong results, JCI shares declined 2% in pre-market trading as Q3 adjusted EPS guidance of ~$1.28 was merely in line with consensus. We believe continued momentum in data centers and building automation will drive growth, but we note the company's history of conservative guidance may have tempered investor enthusiasm.

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