REAL-TIME GLOBAL RESEARCH
Quick Take: Q2 Beat; Q3 Core Ahead on MTM Fuel to the Guide; $9-11 EPS for 2026
Research evidence excerpt
Quick Take: Q2 Beat; Q3 Core Ahead on MTM Fuel to the Guide; $9-11 EPS for 2026
views expressed
in this research report.
I, Eegan McDermott, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject
company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed
I, Jack Ewell, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject
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Investment Recommendation Record
(Article 3(1)e and Article 7 of MAR)
Recommendation Published July 15, 2026 16:40 P.M.
Recommendation Distributed July 15, 2026 16:40 P.M.
Explanation of Jefferies Ratings
Buy - Describes securities that we expect to provide a total return (price appreciation plus yield) of 15% or more within a 12-month period.
Hold - Describes securities that we expect to provide a total return (price appreciation plus yield) of plus 15% or minus 10% within a 12-month period.
Underperform - Describes securities that we expect to provide a total return (price appreciation plus yield) of minus 10% or less within a 12-month period.
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