{
  "report_rows": [
    {
      "kpi": "Consolidated underlying revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~3.9% vs. cons 3.6%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Risk & Insurance Services underlying revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~3.4% vs. cons 3.1%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.96 vs. cons $2.90",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 consolidated underlying revenue-growth outlook / insurance-pricing commentary",
      "prediction": "LOWER",
      "answer": "guide ~3.5% vs. cons 3.6% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 adjusted EPS outlook",
      "prediction": "BETTER",
      "answer": "guide ~$11.65 vs. cons $11.50 (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2026 adjusted operating-margin outlook",
      "prediction": "BETTER",
      "answer": "guide ~30.0% vs. cons 29.8% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.7,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 2.4,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "pred ~3.9% underlying growth vs. cons 3.6% and pred ~$2.96 EPS vs. cons $2.90 should support modest upward FY2026 revisions despite guide ~3.5% growth vs. cons 3.6%, because margin guide ~30.0% vs. cons 29.8% preserves out-period EPS leverage.",
  "day5_confidence": "MEDIUM"
}