{
  "report_rows": [
    {
      "kpi": "EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.86 vs. cons $1.71",
      "confidence": "HIGH"
    },
    {
      "kpi": "Net Interest Income (NII)",
      "prediction": "BEAT",
      "answer": "pred ~$12.50B vs. cons $12.36B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Noninterest Expense",
      "prediction": "BEAT",
      "answer": "pred ~$13.70B vs. cons $13.90B (lower=beat)",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Net Interest Income guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$50.0B vs. cons $50.0B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Noninterest Expense guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$55.7B vs. cons $55.7B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Medium-term ROTCE target",
      "prediction": "UNCHANGED",
      "answer": "guide ~17.5% vs. cons 17.5% (medium-term, 2027-2028)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -0.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.8,
  "day5_path": "FADE",
  "day5_rationale": "Stock already ran from low-$80s to ~$87-88 into the print, pricing in a beat-and-cost-discipline quarter; a headline EPS beat driven mainly by expense control/buybacks rather than core NII reacceleration likely triggers modest sell-the-news on day 1. Over the next week, analysts digest reaffirmed (not raised) $50B NII guide, continued NIM compression commentary, and flagged H2 consumer credit risk from oil-price pass-through \u2014 pulling forward FY26/27 NII and EPS revisions down slightly even after the beat, consistent with implicit out-period cuts overwhelming the in-line-to-modest quarterly upside.",
  "day5_confidence": "MEDIUM"
}