{
  "report_rows": [
    {
      "kpi": "Adjusted diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.59 vs. cons $1.53",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net revenues",
      "prediction": "BEAT",
      "answer": "pred ~$6.88B vs. cons $6.78B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Asset-management and administration fees",
      "prediction": "BEAT",
      "answer": "pred ~$1.86B vs. cons $1.81B",
      "confidence": "HIGH"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS framework",
      "prediction": "BETTER",
      "answer": "guide ~$6.45 vs. cons $6.25 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2026 exit net interest margin",
      "prediction": "BETTER",
      "answer": "guide ~3.00% vs. cons 2.95% (4Q2026 exit)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "ETF-platform monetization timing",
      "prediction": "UNCHANGED",
      "answer": "guide ~4Q2026 launch vs. cons 4Q2026 launch (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 4.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 6.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FY2026 adjusted-EPS guide ~$6.45 vs. cons $6.25 supports upward out-period revisions; the combination of better NIM, elevated client engagement, and fee-asset growth should sustain the initial ~4.0% day-1 residual move toward ~6.0% over five days.",
  "day5_confidence": "MEDIUM"
}