{
  "report_rows": [
    {
      "kpi": "Fee Revenue (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$3,290M vs. cons $3,231M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "NII FTE (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$4,370M vs. cons $4,342M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "EPS Operating (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$1.31 vs. cons $1.279",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY 2026 EPS incl. BTIG (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide ~$5.22 vs. cons $5.139",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 2026 NII (Q3 2026)",
      "prediction": "BETTER",
      "answer": "guide ~$4,630M vs. cons ~$4,470M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Operating Leverage (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide >=300 bps vs. cons ~200 bps",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 3.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 sell-side revises FY EPS estimates upward as BTIG incorporated; implied H2 NII/fee math coherent and above Q2 run-rate; no implicit cut in out-periods",
  "day5_confidence": "MEDIUM"
}