{
  "report_rows": [
    {
      "kpi": "Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.12 vs. cons $2.00",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net Interest Margin",
      "prediction": "BEAT",
      "answer": "pred ~15.65% vs. cons 15.40%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net Charge-off Rate",
      "prediction": "IN-LINE",
      "answer": "pred ~5.55% vs. cons 5.60%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Diluted EPS Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$9.10-$9.50 vs. cons $9.25 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Ending Loan Receivables Growth (accelerating H2)",
      "prediction": "UNCHANGED",
      "answer": "guide ~mid-single-digit growth vs. cons ~4-5% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "RSA as % of average receivables",
      "prediction": "LOWER",
      "answer": "guide ~4.3% vs. cons 4.2% (FY2026, i.e. slightly higher RSA drag than consensus modeled)",
      "confidence": "LOW"
    },
    {
      "kpi": "Buyback pace under new $6.5B program",
      "prediction": "UNCHANGED",
      "answer": "guide ~$900M-$1.0B/quarter vs. cons ~$900M (Q3 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.4,
  "day5_path": "FADE",
  "day5_rationale": "An EPS/credit beat likely drives an initial pop, but rising RSA (revenue-share to retail partners) and expense growth embedded in the FY26 framework mean sell-side will trim out-quarter EPS even after a Q2 beat, similar to the pattern following Q1's beat where shares still drifted lower into July on guidance-math concerns; initial enthusiasm should partially fade as analysts model H2 RSA/opex drag against the reaffirmed (not raised) full-year range.",
  "day5_confidence": "MEDIUM"
}