{
  "report_rows": [
    {
      "kpi": "Diluted EPS",
      "prediction": "MISS",
      "answer": "pred ~$3.70 vs. cons $3.83",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.16B vs. cons $3.15B",
      "confidence": "HIGH"
    },
    {
      "kpi": "Shipbuilding operating margin",
      "prediction": "MISS",
      "answer": "pred ~5.70% vs. cons 5.85%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Free cash flow",
      "prediction": "UNCHANGED",
      "answer": "guide ~$550M midpoint vs. cons $550M (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Shipbuilding revenue",
      "prediction": "UNCHANGED",
      "answer": "guide ~$9.80B midpoint vs. cons $9.85B (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Shipbuilding operating margin",
      "prediction": "UNCHANGED",
      "answer": "guide ~6.00% midpoint vs. cons 6.00% (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Virginia- and Columbia-class contract awards",
      "prediction": "LOWER",
      "answer": "guide ~2 awards in 2H2026 vs. cons 2 awards by 2Q2026 (contract timing)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -4.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -6.2,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "Day-5 residual ~-6.2% vs. day-1 residual ~-4.8%; an EPS and shipbuilding-margin miss plus submarine-award slippage would reduce confidence in second-half collections, leaving the unchanged ~$550M FY2026 free-cash-flow midpoint vulnerable to estimate cuts despite an in-line revenue result.",
  "day5_confidence": "MEDIUM"
}