{
  "report_rows": [
    {
      "kpi": "Q2 2026 Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.97B vs. cons $1.93B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Pro Forma EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.40 vs. cons $2.28",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Operating Margin",
      "prediction": "BEAT",
      "answer": "pred ~26.0% vs. cons 25.3%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Revenue Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$8.05B vs. cons $7.95B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Pro Forma EPS Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$9.60 vs. cons $9.45 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Auto OEM FY2026 Segment Revenue Guidance",
      "prediction": "LOWER",
      "answer": "guide ~-8% vs. cons -6% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "LOW",
  "day5_residual_pct": -1.3,
  "day5_path": "FADE",
  "day5_rationale": "Stock has already run +7.5% into the print (plus M&A pop) and sits near ATH, so even a beat-and-modest-raise is largely priced in \u2014 echoing the Q1'26 print where a double-digit EPS beat still produced a -3.7% day-1 move because guidance wasn't raised enough relative to a stretched multiple. Tougher H2 comps, a still-declining Auto OEM segment, and management's own flag that tariff/component cost pressure 'will start to appear more in 2027' cap how much full-year estimates can move up even after a Q2 beat, so any initial pop is likely to fade over the following days as analysts model conservative H2 assumptions rather than extrapolate the beat forward (a repeat of the Feb'26 blowout-then-continued-rally scenario would require an unambiguous raise plus reacceleration in Outdoor, which is a lower-probability outcome here).",
  "day5_confidence": "LOW"
}