{
  "report_rows": [
    {
      "kpi": "Adj. EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.15 vs. cons $2.03",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adj. segment EBIT",
      "prediction": "BEAT",
      "answer": "pred ~$720M vs. cons ~$680M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$23.6B vs. cons $23.5B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 adj. EPS guide",
      "prediction": "BETTER",
      "answer": "guide ~$9.50-10.00 (mid ~$9.75) vs. cons ~$9.30 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Implied Q2 vs Street (cadence ~40% H1)",
      "prediction": "UNKNOWN",
      "answer": "implied Q2 ~$1.85-1.90 vs. cons $2.03 (Q2'26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Viterra synergies",
      "prediction": "BETTER",
      "answer": "~$190M+ FY26 tracking ahead vs. ~$190M plan (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Below-the-line (interest + tax rate)",
      "prediction": "LOWER",
      "answer": "interest ~$620-660M & tax 22-26% vs. Q1 ~18% (FY26 headwind)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Buyback completion",
      "prediction": "UNCHANGED",
      "answer": "remaining ~$250M by YE vs. ~$250M plan (FY26)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "Likely Q2 beat vs Street plus a modest FY guide-raise drives an initial pop, but the Street already models above Bunge's own ~40% H1 cadence and H2 crush curves remain heavily inverted with limited visibility; as analysts reconcile the beat against the implicitly lower H2 out-period math (tropicals softness, higher interest/tax, thin forward liquidity) and shares still sit well below the June ~$131 peak, the day-1 gain gives back most ground and stabilizes lower.",
  "day5_confidence": "MEDIUM"
}