{
  "report_rows": [
    {
      "kpi": "Consolidated AOI",
      "prediction": "BEAT",
      "answer": "pred ~$855m vs. cons $838m",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Concerts AOI",
      "prediction": "BEAT",
      "answer": "pred ~$387m vs. cons $378m",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Ticketing AOI",
      "prediction": "MISS",
      "answer": "pred ~$307m vs. cons $315m",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 consolidated AOI growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~11.0% vs. cons 10.8% (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 Ticketing AOI margin",
      "prediction": "LOWER",
      "answer": "guide ~34.5% vs. cons 35.0% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.15bn vs. cons $1.14bn (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Concerts fan-growth cadence",
      "prediction": "BETTER",
      "answer": "guide ~70% of amphitheater growth in Q3 vs. cons 60% (2H2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "A consolidated-AOI beat of ~$17m versus consensus is likely offset by an estimated ~$8m Ticketing-AOI miss and essentially unchanged FY2026 AOI growth of ~11.0% versus ~10.8% consensus. The report supports the Q3-weighted earnings setup but does not create enough out-period upside for material estimate revisions.",
  "day5_confidence": "MEDIUM"
}