{
  "report_rows": [
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$2.367B vs. cons $2.340B",
      "confidence": "HIGH"
    },
    {
      "kpi": "Diluted EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.33 vs. cons $0.33",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating margin",
      "prediction": "IN-LINE",
      "answer": "pred ~21.0% vs. cons 21.2%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 gross margin commentary",
      "prediction": "LOWER",
      "answer": "guide ~44.7% vs. cons 44.8% (2026Q3)",
      "confidence": "LOW"
    },
    {
      "kpi": "Incremental operating margin",
      "prediction": "UNCHANGED",
      "answer": "guide ~27% vs. cons 27% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$320M vs. cons $320M (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.1,
  "day5_path": "FADE",
  "day5_rationale": "The mechanical revenue beat of ~1.2% versus consensus is offset by operating margin of ~21.0% versus 21.2% and Q3 gross margin commentary of ~44.7% versus 44.8%. Initial valuation-driven weakness should partially fade because FY2026 incremental-margin guidance remains ~27% versus 27%, limiting out-period estimate cuts.",
  "day5_confidence": "MEDIUM"
}