{
  "report_rows": [
    {
      "kpi": "Adjusted diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.38 vs. cons $2.33",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net sales",
      "prediction": "BEAT",
      "answer": "pred ~$2.48B vs. cons $2.45B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$503M vs. cons $495M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "3Q26 adjusted EPS outlook",
      "prediction": "LOWER",
      "answer": "guide ~$2.76 vs. cons $2.83 (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "3Q26 net containerboard-price realization",
      "prediction": "LOWER",
      "answer": "guide ~$43/ton vs. cons $50/ton (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2026 capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$855M vs. cons $855M (FY26)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -3.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -6.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A ~$2.38 EPS beat versus $2.33 consensus is outweighed by a ~$2.76 3Q outlook versus $2.83 consensus: less-than-full $50/ton price realization and persistent cost pressure imply out-period estimate cuts.",
  "day5_confidence": "MEDIUM"
}