{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (FQ3'26)",
      "prediction": "BEAT",
      "answer": "pred ~$1.32 vs. cons $1.29",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic sales growth (FQ3'26)",
      "prediction": "BEAT",
      "answer": "pred ~7% vs. cons ~6%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Record backlog (data-center led)",
      "prediction": "BEAT",
      "answer": "pred ~$21.0B (+22% y/y) vs. cons ~$20.4B (+18%)",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 adjusted EPS (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$4.90 vs. cons ~$4.87 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 operating leverage",
      "prediction": "BETTER",
      "answer": "guide ~50%+ vs. cons ~48% (FY26)",
      "confidence": "LOW"
    },
    {
      "kpi": "Implied FQ4'26 organic growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~6% vs. cons ~6% (FQ4'26)",
      "confidence": "LOW"
    },
    {
      "kpi": "Orders growth durability commentary",
      "prediction": "UNKNOWN",
      "answer": "pred orders ~+18% vs. cons ~+12% but plateau risk (FQ3'26)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 2.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.8,
  "day5_path": "STABILIZE",
  "day5_rationale": "A beat-and-raise (EPS ~$1.32, FY to ~$4.90) against an easy year-ago order comp drives a positive day-1 pop, but shares have already paid for the data-center/backlog story (sitting ~5% off June highs, roughly flat vs. the May print). Out-period math is roughly neutral: the FY guide is raised so estimates aren't implicitly cut, but the order-growth deceleration (Q1 ~40% to Q2 ~30%) and services/EMEA softness cap follow-through. Net: initial gain holds but doesn't extend materially \u2014 stabilize rather than clean follow-through, with fade risk if orders visibly plateau.",
  "day5_confidence": "LOW"
}