{
  "report_rows": [
    {
      "kpi": "Core EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.58 vs. cons $1.48",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total Revenue",
      "prediction": "MISS",
      "answer": "pred ~$11.02B vs. cons $11.18B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Advisory Segment Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.18B vs. cons $2.20B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Core EPS Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$7.60-$7.80 (reaffirmed, midpoint $7.70) vs. cons $7.72 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Critical Infrastructure Services Revenue Growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~60%+ growth vs. cons ~60% growth (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2H26 Deceleration/Advisory Comps Commentary",
      "prediction": "LOWER",
      "answer": "guide ~implied 2H26 EPS growth ~high-teens% vs. cons ~20%+ (2H2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.6,
  "day5_path": "FADE",
  "day5_rationale": "An EPS beat with revenue falling short (consistent with CBRE's recent pattern) plus reaffirmed rather than raised FY26 guidance means the front-loaded ~40% H1 EPS mix implies decelerating H2 comps in Advisory; with Zacks ESP already negative into the print, any initial pop from the EPS beat likely fades over the week as analysts model tougher 2H compares and AI-margin risk in appraisal/research lines, pulling estimate revisions down even after a headline beat.",
  "day5_confidence": "MEDIUM"
}