{
  "report_rows": [
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$936M vs. cons $929M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$184M vs. cons $172M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.32 vs. cons $0.29",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Full-year 2026 adjusted EBITDA guidance",
      "prediction": "BETTER",
      "answer": "guide ~$810M vs. cons $803M (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Third-quarter revenue guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$953M vs. cons $952M (3Q26)",
      "confidence": "LOW"
    },
    {
      "kpi": "Third-quarter adjusted EBITDA guidance",
      "prediction": "BETTER",
      "answer": "guide ~$211M vs. cons $206M (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Homes.com/Residential adjusted EBITDA commentary",
      "prediction": "BETTER",
      "answer": "guide ~$15M vs. cons $8M (3Q26)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 5.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 6.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A ~$12M EBITDA beat versus consensus and a FY2026 EBITDA guide of ~$810M versus ~$803M support upward out-period EBITDA/EPS revisions; positive Residential EBITDA and Homes.com monetization should reduce the perceived execution risk in the second-half margin bridge.",
  "day5_confidence": "MEDIUM"
}