{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.38 vs. cons $1.33",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Truck segment (Truck/Parts/Other) gross margin",
      "prediction": "BEAT",
      "answer": "pred ~13.9% vs. cons/guide 13.5%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$7.3B vs. cons $7.1B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 NA/EU Class 8 market outlook (units)",
      "prediction": "BETTER",
      "answer": "guide ~250k-270k (US/Can) vs. prior guide/cons midpoint of 230k-270k (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 consensus EPS",
      "prediction": "BETTER",
      "answer": "guide/implied ~$5.70 vs. cons $5.56 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Parts revenue growth guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~4-5% vs. cons 3-6% full-year range (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Q3 deliveries/build rate commentary",
      "prediction": "BETTER",
      "answer": "guide ~38k-40k trucks vs. cons ~37k implied run-rate (Q3 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -0.8,
  "day5_path": "FADE",
  "day5_rationale": "Much of the beat-and-raise (order surge, tariff advantage, margin recovery) is already priced in after a 22% run into the print with a Hold-consensus/wide target dispersion; initial pop likely fades as investors weigh 2027 pre-buy-vs-sustainable-demand debate, Financial Services credit deterioration (Brazil, one large US fleet), and the fact that full-year guide ranges (Class 8 market, Parts growth) were largely already known before the print, limiting incremental upward estimate revisions beyond the initial beat.",
  "day5_confidence": "LOW"
}