{
  "report_rows": [
    {
      "kpi": "EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.96 vs. cons $4.90",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total Net Sales",
      "prediction": "BEAT",
      "answer": "pred ~$1.225B vs. cons $1.21B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "C&I Group Operating Earnings",
      "prediction": "BEAT",
      "answer": "pred ~$59.5M vs. cons $56.5M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 EPS (implied by commentary, no formal guide)",
      "prediction": "BETTER",
      "answer": "guide ~$19.85 vs. cons $19.75 (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2026 Capex",
      "prediction": "UNCHANGED",
      "answer": "guide ~$100M vs. cons $100M (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Effective Tax Rate",
      "prediction": "UNCHANGED",
      "answer": "guide ~22.5% vs. cons 22.5% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Tools Group Organic Growth trend (Q3 signal)",
      "prediction": "BETTER",
      "answer": "guide ~+3.0% vs. cons +2.0% (Q3 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "Precedent from Q1 2026 print (day1 resid ~+2.9% faded to ~+2.1% by day5) suggests a similar pattern: initial pop from C&I/segment beats and 'green shoots' narrative gets partially given back as investors digest that EPS only modestly beat with no formal raise, out-quarter estimates get trimmed for FX/tariff drag and RS&I margin dilution from tech investment spend, and the stock's already-stretched valuation (19.9x fwd P/E near 5yr highs) limits follow-through buying.",
  "day5_confidence": "MEDIUM"
}