{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.65 vs. cons $0.62",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$6.56B vs. cons $6.47B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Consolidated copper sales",
      "prediction": "IN-LINE",
      "answer": "pred ~695M lb vs. cons 690M lb",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 consolidated copper sales",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.10B lb vs. cons 3.10B lb (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 consolidated unit net cash cost",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.95/lb vs. cons $1.95/lb (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Grasberg operating-rate trajectory",
      "prediction": "UNCHANGED",
      "answer": "guide ~65% of capacity vs. cons 65% of capacity (2H26)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 3.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest EPS/revenue beat plus maintained FY26 volume, cost, and Grasberg ramp assumptions should support upward revisions to out-period earnings and free-cash-flow estimates; the key is confirmation that the 2H26 ~65% Grasberg operating-rate plan remains intact.",
  "day5_confidence": "MEDIUM"
}