{
  "report_rows": [
    {
      "kpi": "Net Revenues (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$2,700M vs. cons $2,621M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Energy Futures Revenue (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$550M vs. cons $516M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FIDS Recurring Revenue (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$527M vs. cons $521M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adj. Opex (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide $4.145B-$4.195B vs. cons $4.145B midpoint",
      "confidence": "HIGH"
    },
    {
      "kpi": "Mortgage Tech Recurring Rev. (Q3 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~stable/$400M vs. cons $402M",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 2.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "STABILIZE \u2014 day-1 gain holds; market waits for mortgage inflection signal before re-rating; H2 estimate upgrades provide a floor",
  "day5_confidence": "MEDIUM"
}