{
  "report_rows": [
    {
      "kpi": "System-wide RevPAR Growth (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~+2.4% vs. cons +2.0%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Gross Fees (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$1,565M vs. cons $1,554.6M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adj. EPS Diluted Operating (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$3.12 vs. cons $3.085",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY 2026 Global RevPAR Growth (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide ~+3.0% mid vs. cons +2.52%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Gross Fees (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6,005M mid vs. cons $5,999.8M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Adj. EPS (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$11.675 mid vs. cons $11.663",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 2.5,
  "day5_path": "STABILIZE",
  "day5_rationale": "STABILIZE \u2014 FY guide midpoint lands at consensus; limited sell-side revision catalyst; credit card renewal optionality and World Cup narrative provide a floor",
  "day5_confidence": "MEDIUM"
}