{
  "report_rows": [
    {
      "kpi": "2Q26 adjusted diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.28 vs. cons $2.25",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$6.47B vs. cons $6.44B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 Global Industrial EBITDA margin",
      "prediction": "BEAT",
      "answer": "pred ~13.8% vs. cons 13.5%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 adjusted diluted EPS guidance",
      "prediction": "LOWER",
      "answer": "guide ~$7.75 midpoint vs. cons $7.79 (FY26)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY26 total sales-growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~4.25% midpoint vs. cons 4.30% (FY26)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY26 free-cash-flow guidance",
      "prediction": "LOWER",
      "answer": "guide ~$625M midpoint vs. cons $650M (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Separation run-rate dis-synergy and stand-alone-cost commentary",
      "prediction": "UNCHANGED",
      "answer": "guide ~$125M midpoint vs. cons $125M (1Q27 separation)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -0.5,
  "day5_path": "FADE",
  "day5_rationale": "Day-1 residual ~+1.5% versus a 5-day residual ~-0.5%: a modest EPS/Industrial-margin beat should initially help, but an unchanged FY26 EPS midpoint of ~$7.75 versus ~$7.79 consensus leaves out-period estimates vulnerable to modest reductions as analysts incorporate the 2Q freight/fuel drag and no guide lift.",
  "day5_confidence": "MEDIUM"
}