July 24, 2026 12:47 AM GMT Cuervo | Latin America 2Q26 EBITDA Beat, But No 2H Upside; Stay Guarded AlphaSignals Earnings Reaction Unchanged Modest upside Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Consolidated EBITDA beat the Street by 5% on better-than- expected top-line & SG&A. That (plus big stock underperformance YTD) may support the name near term, but we still see limited upside to ear ...