{
  "report_rows": [
    {
      "kpi": "Q2 Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$5.30B vs. cons $5.21B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.98 vs. cons $1.92",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 Free Cash Flow",
      "prediction": "BEAT",
      "answer": "pred ~$1.95B vs. cons $1.77B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 2026 Revenue Guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~$5.40B vs. cons ~$5.45B (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 2026 EPS Guide",
      "prediction": "LOWER",
      "answer": "guide ~$1.98 vs. cons $2.05 (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 FCF per Share Framework",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.10 vs. cons $8.00 (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "2H26 Pricing Commentary",
      "prediction": "BETTER",
      "answer": "guide ~+1-2% price increase vs. cons ~0% flat (2H26)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -3.0,
  "day5_path": "FADE",
  "day5_rationale": "Q2 print likely beats on revenue/EPS/FCF given industrial and data-center momentum, but management's own framing of 2H26 sustainability as the 'biggest question' plus a cautious Q3 EPS guide (below consensus) implies analysts trim out-period estimates even after a headline beat. With the stock already up ~65% YTD and priced for continued acceleration, any hedge-y commentary on China auto or 2H26 breadth triggers estimate revision cuts over the following days, consistent with the 2025 pattern of strong-first-half/fading-second-half. Initial pop (if any) fades as sell-side models true up 2H26 numbers lower.",
  "day5_confidence": "MEDIUM"
}