{
  "report_rows": [
    {
      "kpi": "Adjusted diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.60 vs. cons $0.585",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$6.80B vs. cons $6.722B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Copper sales volume",
      "prediction": "BEAT",
      "answer": "pred ~700M lbs vs. cons 691.3M lbs",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 copper sales",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.1B lbs vs. cons 3.093B lbs",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 gold sales",
      "prediction": "LOWER",
      "answer": "guide ~650K oz vs. cons 659.7K oz",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Grasberg 2H26 throughput / ramp",
      "prediction": "UNKNOWN",
      "answer": "guide ~60-65% capacity; no reliable consensus",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": -3.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 unchanged out-period framework should dominate after the initial relief reaction",
  "day5_confidence": "LOW"
}