{
  "report_rows": [
    {
      "kpi": "Q4 FY26 (June qtr) Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$6.85B vs. cons ~$6.75B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q4 FY26 Non-GAAP EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.74 vs. cons ~$1.70",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q4 FY26 Non-GAAP Gross Margin",
      "prediction": "BEAT",
      "answer": "pred ~50.9% vs. cons ~50.5%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FQ1 FY27 (Sept quarter) Revenue Guide",
      "prediction": "BETTER",
      "answer": "guide ~$7.05B vs. cons ~$6.95B (Sept 2026 quarter)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FQ1 FY27 (Sept quarter) Non-GAAP EPS Guide",
      "prediction": "BETTER",
      "answer": "guide ~$1.80 vs. cons ~$1.75 (Sept 2026 quarter)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "CY2026 WFE Outlook Commentary",
      "prediction": "BETTER",
      "answer": "guide ~$145B vs. prior/cons ~$140B (calendar year 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.0,
  "day5_path": "FADE",
  "day5_rationale": "KLA's in-line print with a modestly-above-consensus guide still sold off >7% AH, and ASML's China-DUV scare has soured sector sentiment right into LRCX's print, so even a genuine beat-and-raise likely gets sold initially given the extreme bar. But unlike KLA/ASML, LRCX is already down ~38% from its June high on macro/sentiment (not fundamental) grounds, and underlying drivers (NAND conversion pull-forward, DRAM/HBM 1c-node content, WFE estimates trending up from MS/BofA) remain intact and arguably strengthening. That combination \u2014 stock already de-risked plus supportive out-quarter math (Sept-quarter guide likely above Street, WFE commentary likely raised) \u2014 should draw buy-the-dip flows and sell-side reiterations over the following days, causing the initial negative reaction to partially fade rather than extend into a deeper follow-through decline.",
  "day5_confidence": "LOW"
}