{
  "report_rows": [
    {
      "kpi": "Adjusted operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.58 vs. cons $3.50",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "PGIM adjusted operating income",
      "prediction": "BEAT",
      "answer": "pred ~$225m vs. cons $215m",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "International Businesses adjusted operating income",
      "prediction": "MISS",
      "answer": "pred ~$790m vs. cons $805m",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Prudential of Japan pretax AOI drag",
      "prediction": "UNCHANGED",
      "answer": "guide ~$550m drag vs. cons $550m drag (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term adjusted operating ROE target",
      "prediction": "BETTER",
      "answer": "guide ~16.5% vs. cons 15.0% (2028)",
      "confidence": "LOW"
    },
    {
      "kpi": "PGIM adjusted operating margin target",
      "prediction": "BETTER",
      "answer": "guide ~26% vs. cons 25% (2028)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.6,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.7,
  "day5_path": "FADE",
  "day5_rationale": "Residual fades from ~+1.6% on day 1 to ~+0.7% by day 5 because the EPS upside is largely driven by preannounced actuarial items, while an unchanged ~$550m FY2026 Japan drag and gradual 2027 sales recovery limit near-term estimate revisions.",
  "day5_confidence": "LOW"
}