{
  "report_rows": [
    {
      "kpi": "Postpaid net account additions (Q2)",
      "prediction": "BEAT",
      "answer": "pred ~275K vs. cons ~262K",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Postpaid ARPA growth y/y (Q2)",
      "prediction": "IN-LINE",
      "answer": "pred ~2.0% vs. cons ~2.1%",
      "confidence": "HIGH"
    },
    {
      "kpi": "Core Adjusted EBITDA (Q2)",
      "prediction": "IN-LINE",
      "answer": "pred ~$9.45B vs. cons ~$9.43B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Total Service Revenue guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$77.0B (+8%) vs. cons ~$77.0B (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 Core Adjusted EBITDA guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$37.3B midpoint vs. cons ~$37.3B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Adjusted Free Cash Flow guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$18.4B midpoint vs. cons ~$18.4B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "H2 2026 Postpaid ARPA growth reacceleration commentary",
      "prediction": "BETTER",
      "answer": "guide ~2.75% vs. cons ~2.5% (H2 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.3,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.4,
  "day5_path": "FADE",
  "day5_rationale": "Q2 results/guidance look set to be confirmatory rather than incremental \u2014 service revenue, EBITDA and FCF guided ranges are reaffirmed (not raised, unlike the Q1 print that lifted full-year targets), and the flagged ARPA deceleration is largely a known comp/mix issue already telegraphed by management. With the stock already up ~14% off its June 30 low into the print and short interest/positioning likely de-risked after AT&T's strong quarter, an in-line-to-modest-beat quarter without a fresh guidance raise gives algos/revision models little to chew on for follow-through buying; absent new detail on the DT merger or incremental synergy upside, the initial pop is more likely to fade over the week as attention reverts to the Starlink/DT overhang narrative than to build on out-period estimate upgrades.",
  "day5_confidence": "MEDIUM"
}