Core Insights - Uber Technologies reported strong second-quarter 2025 results, with earnings per share of 63 cents and total revenues of $12.65 billion, both exceeding Zacks Consensus Estimates [1][11] - The company experienced an 18% year-over-year revenue growth on a reported basis and a 34% increase in earnings per share [1][11] Revenue Breakdown - Mobility segment contributed 57.6% of total revenues, with a 19% year-over-year increase to $7.28 billion, surpassing expectations [2] - Delivery segment revenues rose 25% year-over-year to $4.10 billion, also exceeding forecasts [3] - Freight segment revenues declined by 1% year-over-year to $1.26 billion, falling short of expectations [3] Financial Performance - Adjusted EBITDA surged 35% year-over-year to $2.11 billion, within the guided range [4] - Total gross bookings increased 17% year-over-year to $46.75 billion, aligning with guidance [6] - Operating cash flow was reported at $2.56 billion, with free cash flow at $2.47 billion [7] Future Guidance - For Q3 2025, Uber anticipates gross bookings between $48.25 billion and $49.75 billion, indicating a year-over-year growth of 17-21% [8] - Adjusted EBITDA for Q3 is expected to be in the range of $2.19 billion to $2.29 billion, suggesting a year-over-year growth of 30% to 36% [8]

Core Insights - Canadian Pacific Kansas City Limited (CP) reported disappointing second-quarter 2025 results, with both earnings and revenues falling short of the Zacks Consensus Estimate [1][9] Financial Performance - The quarterly earnings, excluding 15 cents from non-recurring items, were 81 cents per share, missing the Zacks Consensus Estimate by 1.2%, but improved 5.2% year-over-year [2] - Operating revenues totaled $2.67 billion, lagging the Zacks Consensus Estimate by 4.3%, yet showing a year-over-year increase of 1.5% [2] - Total Freight revenues per revenue ton miles decreased by 4% year-over-year, while total Freight revenues per carload declined by 3% year-over-year [2] Operating Metrics - On a reported basis, operating income increased by 6%, with total operating expenses growing by 0.9% year-over-year [3] - The operating ratio improved, falling 110 basis points to 63.7% from 64.8% in the same quarter last year [3] Segment Performance - Freight revenues, which accounted for 98.1% of total revenues, increased by 2.7%, driven by growth in Grain (up 12%) and Intermodal (up 9%), while significant declines were noted in Automotive (down 28%) and Metals, minerals and consumer products (down 20%) [4] - Other revenues rose by 1.3% year-over-year in the second quarter of 2025 [4] Liquidity Position - At the end of the second quarter, CP had cash and cash equivalents of C$799 million, up from C$739 million at the end of December 2024 [5] - Long-term debt increased to C$21.23 billion from C$19.8 billion at the end of the fourth quarter of 2024 [5] Future Outlook - CP expects 2025 core adjusted combined diluted earnings per share to grow in the range of 10-14% from 2024 actuals, targeting C$4.25 per share [6] - The company anticipates mid-single-digit growth in 2025 revenue ton miles (RTMs) compared to 2024 actuals [6] - Capital expenditures for the full year are projected to be C$2.9 billion, with a core adjusted effective tax rate expected at 24.5% [6]