{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$12.76 vs. cons $12.63",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$6.84B vs. cons $6.75B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total net inflows",
      "prediction": "BEAT",
      "answer": "pred ~$125.0B vs. cons $115.96B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Organic base-fee growth commentary",
      "prediction": "BETTER",
      "answer": "guide ~7.0% vs. cons 6.5% (2H 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted operating-margin target",
      "prediction": "UNCHANGED",
      "answer": "guide ~45.0% vs. cons 45.0% (FY 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Technology-services ACV growth",
      "prediction": "BETTER",
      "answer": "guide ~14.0% vs. cons 13.0% (FY 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.3,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 3.1,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "Positive EPS revisions should follow the out-period math from ~7.0% organic base-fee growth versus 6.5% expected and ~14.0% ACV growth versus 13.0% expected, while a maintained ~45.0% margin target versus 45.0% consensus limits downside to forward estimates.",
  "day5_confidence": "MEDIUM"
}