{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2 2026)",
      "prediction": "MISS",
      "answer": "pred ~$0.50 vs. cons $0.54",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total Revenue (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$5.45B vs. cons $5.50B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total company adjusted operating margin (Q2 2026)",
      "prediction": "MISS",
      "answer": "pred ~14.4% vs. cons ~15.2%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Middle East Q2 EPS impact realized vs. guided",
      "prediction": "LOWER",
      "answer": "actual ~-$0.10 to -$0.12 vs. guide -$0.07 to -$0.09 (Q2 2026); restart slipped adds -$0.03 to -$0.05",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 2026 sequential EPS guide (implied)",
      "prediction": "LOWER",
      "answer": "guide ~$0.52 vs. cons ~$0.58 (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "North America revenue / pricing traction",
      "prediction": "UNKNOWN",
      "answer": "guide ~$2.15B (flat, no hard pricing proof) vs. cons ~$2.20B (Q3 2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "International ex-Middle East FY revenue growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~+7% (mid-to-high single digit) vs. cons ~+7% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Share buyback cadence",
      "prediction": "UNCHANGED",
      "answer": "guide ~$150M (Q2>Q1, H2>H1) vs. cons ~$150M (Q2 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A Middle East-driven EPS/margin miss plus a below-consensus implied Q3 guide forces out-period estimate cuts; even with Brent back above $90 offering a sector tailwind, HAL-specific offshore restart risk and logistics/fuel cost inflation drive negative revisions that extend the day-1 drop rather than reverse it. Expectations were partly reset (stock down ~17% from the ~$42 peak), which caps but does not offset the downside.",
  "day5_confidence": "LOW"
}