{
  "report_rows": [
    {
      "kpi": "GAAP diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.88 vs. cons $4.58",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$10.05B vs. cons $10.00B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Steel Mills pretax earnings",
      "prediction": "BEAT",
      "answer": "pred ~$1.66B vs. cons $1.57B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "3Q26 adjusted EPS outlook / pricing-and-margin commentary",
      "prediction": "BETTER",
      "answer": "guide ~$4.35 vs. cons $4.15 (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Full-year shipment-growth outlook",
      "prediction": "BETTER",
      "answer": "guide ~8.0% vs. cons 6.0% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 capital-expenditure outlook",
      "prediction": "UNCHANGED",
      "answer": "guide ~$2.50B vs. cons $2.50B (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 2.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 4.1,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A ~$4.88 reported EPS result versus $4.58 consensus is supported by steel-mill pricing and the procurement refund, but the more durable positive is an implied 3Q26 adjusted-EPS outlook of ~$4.35 versus $4.15 consensus and FY2026 shipment growth of ~8.0% versus 6.0%; those out-period inputs should drive upward revisions even after investors normalize the discrete ~$0.20/share Helion gain.",
  "day5_confidence": "MEDIUM"
}