{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$2.53 vs. cons ~$2.49",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net sales (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.30B vs. cons ~$2.29B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic sales growth (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~+1.3% vs. cons ~+1.0%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 2026 Adjusted EPS guide",
      "prediction": "LOWER",
      "answer": "guide ~$2.52 vs. cons ~$2.60 (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Adjusted EPS framework",
      "prediction": "UNCHANGED",
      "answer": "guide ~$9.80 vs. cons ~$9.85 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Materials Group EBITDA margin",
      "prediction": "UNCHANGED",
      "answer": "guide ~17.9% vs. cons ~17.9% (Q2 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Intelligent Labels FY organic growth (2H-weighted, Walmart food ramp)",
      "prediction": "UNKNOWN",
      "answer": "guide ~mid-single-digit vs. cons ~+5% (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -4.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "After a ~7-9% run into the print, an in-line-to-modest EPS beat paired with a soft Q3 guide (pre-buy de-stock give-back of ~$0.05 plus a price/cost timing lag on re-accelerating inflation) triggers a sell-the-news reaction. The out-period math is negative: implicit Q3 cuts and reliance on a back-half-weighted, unproven IL/Walmart ramp pull FY estimates toward the low end even on a headline beat, so the day-1 weakness follows through over the week rather than reversing.",
  "day5_confidence": "LOW"
}