{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2'26, ex-Chart)",
      "prediction": "BEAT",
      "answer": "pred ~$0.66 vs. cons ~$0.63",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "IET orders (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$4.6B vs. cons ~$4.1B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "OFSE segment EBITDA (Q2'26)",
      "prediction": "MISS",
      "answer": "pred ~$520M vs. cons ~$540M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Total adj. EBITDA guide (Q3'26, first Chart-inclusive)",
      "prediction": "BETTER",
      "answer": "guide ~$1.4B vs. cons ~$1.33B (Q3'26, Chart adds ~2.5 mo)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY'26 IET orders / Horizon-2 target",
      "prediction": "BETTER",
      "answer": "guide at least ~$14.5B FY26 & Horizon-2 >$40B vs. cons ~$14.5B (FY26/2026-28)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY'26 OFSE EBITDA anchor",
      "prediction": "LOWER",
      "answer": "guide ~$2.30B (low-end) vs. cons ~$2.35B (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY'26 IET EBITDA",
      "prediction": "BETTER",
      "answer": "guide at least ~$2.7B vs. cons ~$2.70B (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net leverage / Chart synergy path",
      "prediction": "UNCHANGED",
      "answer": "reiterate 1.0-1.5x within 24mo & $325M synergies by yr-3 vs. cons ~1.3x/$325M (24mo/yr-3)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "Beaten-down stock (-18% off April peak) plus a likely EPS/IET-orders beat and Middle East de-escalation drive a relief pop day 1. But the reaction fades as analysts digest the out-period math: a below-midpoint FY OFSE anchor, Chart-related near-term dilution/leverage and weak FCF conversion pull out-year EPS estimates down even after the beat, capping follow-through toward stabilization.",
  "day5_confidence": "LOW"
}