{
  "report_rows": [
    {
      "kpi": "Operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.42 vs. cons $3.32",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Shipbuilding operating margin",
      "prediction": "MISS",
      "answer": "pred ~5.80% vs. cons 5.90%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Free cash flow",
      "prediction": "BEAT",
      "answer": "pred ~$80M vs. cons $72M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 shipbuilding revenue",
      "prediction": "LOWER",
      "answer": "guide $9.7B-$9.9B vs. cons $10.01B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 shipbuilding margin",
      "prediction": "UNCHANGED",
      "answer": "guide 5.5%-6.5% vs. cons 6.13%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 free cash flow",
      "prediction": "UNCHANGED",
      "answer": "guide $500M-$600M vs. cons $551M",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -6.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": -6.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 implicit 2H shipbuilding estimate pressure",
  "day5_confidence": "LOW"
}