{
  "report_rows": [
    {
      "kpi": "Enterprise Adj. EBITDA (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$548M vs. cons $539.5M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "NA Packaging Adj. EBITDA (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$400M vs. cons $397.7M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "EMEA Packaging Adj. EBITDA (Q2 2026)",
      "prediction": "MISS",
      "answer": "pred ~$155M vs. cons $159.3M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Enterprise Adj. EBITDA (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirm $3.2-3.5B vs. cons $3.234B",
      "confidence": "HIGH"
    },
    {
      "kpi": "Q3 2026 qualitative pricing/H2 bridge",
      "prediction": "BETTER",
      "answer": "guide BETTER \u2014 confirms $70/ton flowing through, H2 step-up intact",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "EMEA Q3 2026 trajectory",
      "prediction": "BETTER",
      "answer": "guide BETTER vs. Q2 trough \u2014 margin recovery begins; UNVERIFIED exact consensus",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -6.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -3.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "STABILIZE \u2014 implied H2 math (+5.8% above VA consensus) provides partial recovery bid, but +38.5% idiosyncratic pre-run limits upside; short covering partially offsets initial selloff",
  "day5_confidence": "MEDIUM"
}