{
  "report_rows": [
    {
      "kpi": "Operating EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$2.250B vs. cons $2.206B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "P&SP operating EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$1.950B vs. cons $1.907B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$12.050B vs. cons $11.980B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 2026 operating EBITDA",
      "prediction": "LOWER",
      "answer": "guide ~$1.850B vs. cons $1.910B",
      "confidence": "LOW"
    },
    {
      "kpi": "Q3 2026 revenue",
      "prediction": "LOWER",
      "answer": "guide ~$11.200B vs. cons $11.662B",
      "confidence": "LOW"
    },
    {
      "kpi": "H2 spread/margin commentary",
      "prediction": "UNKNOWN",
      "answer": "guide moderation vs. no reliable numeric consensus",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": -4.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 lower Q3 out-period math should drive cuts",
  "day5_confidence": "LOW"
}