{
  "report_rows": [
    {
      "kpi": "Total Revenue (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$935M vs. cons $929M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Residential Adjusted EBITDA (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$8M vs. cons ~$5M (guide range breakeven-$10M)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$0.30 vs. cons $0.28",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Revenue Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$3.80B vs. cons $3.80B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Adjusted EBITDA Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$805M vs. cons $790M (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Q3 2026 Revenue Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$955M vs. cons $948M (Q3 2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Full-Year Residential Adjusted EBITDA Trajectory",
      "prediction": "BETTER",
      "answer": "guide ~$15M-$35M vs. cons ~$5M (FY2026, implying accelerating profitability into H2)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 4.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 3.5,
  "day5_path": "STABILIZE",
  "day5_rationale": "A likely beat on revenue/EPS plus Residential EBITDA crossing into positive territory (a key psychological milestone after years of losses) should spark short-covering in a stock down ~58-59% YTD, driving an initial pop. But the new CFO's first public commentary, unresolved Homes.com ROI skepticism versus Zillow, and the pending $800M Zonda cash outlay temper follow-through: sell-side (Baird/RBC, targets already cut to $34) will likely wait for Rossmann's cost-discipline execution before upgrading estimates meaningfully, capping incremental re-rating. Net effect is an initial gap that mostly holds through day 5 rather than extending sharply higher or fully reversing, since out-period estimate revisions are constrained by lingering uncertainty on Residential monetization pace and integration costs from Zonda even as headline numbers beat.",
  "day5_confidence": "LOW"
}