{
  "report_rows": [
    {
      "kpi": "Billed Business ($B)",
      "prediction": "BEAT",
      "answer": "pred ~$462B vs. cons $455.7B",
      "confidence": "HIGH"
    },
    {
      "kpi": "Net Card Fees ($B)",
      "prediction": "BEAT",
      "answer": "pred ~$2.97B vs. cons $2.901B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Diluted Operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.45 vs. cons $4.408",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY 2026 Revenue Growth (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~9%-10% reaffirmed vs. cons $79.60B (+9.8%)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY 2026 Operating EPS (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide midpoint ~$17.70 vs. cons $17.59",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Billed Business Trajectory (qualitative, Q3 2026)",
      "prediction": "BETTER",
      "answer": "guide 'consistent with or slightly above Q2' vs. cons",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -3.0,
  "day5_path": "FADE",
  "day5_rationale": "FADE \u2014 sell-side trims H2 estimates on implied-out-period math; no catalyst to reverse",
  "day5_confidence": "MEDIUM"
}