{
  "report_rows": [
    {
      "kpi": "Adjusted diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.98 vs. cons $4.89",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total net revenue",
      "prediction": "BEAT",
      "answer": "pred ~$15.87B vs. cons $15.69B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Provision for credit losses",
      "prediction": "BEAT",
      "answer": "pred ~$3.80B vs. cons $4.05B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Discover total synergies",
      "prediction": "UNCHANGED",
      "answer": "guide ~$2.50B vs. cons $2.50B (mid-2027)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Net interest margin",
      "prediction": "BETTER",
      "answer": "guide ~8.20% vs. cons 8.15% (2H26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Implicit adjusted EPS outlook",
      "prediction": "LOWER",
      "answer": "guide ~$9.45 vs. cons $9.77 (2H26)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.7,
  "day5_path": "FADE",
  "day5_rationale": "Benign credit, NIM recovery and debit-network synergies support the initial beat, but heavier Brex, travel, marketing and integration investment implies ~$9.45 of 2H26 adjusted EPS versus ~$9.77 consensus, pulling out-period estimates lower and causing most of the day-1 gain to fade.",
  "day5_confidence": "MEDIUM"
}