{
  "report_rows": [
    {
      "kpi": "Non-GAAP EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.30 vs. cons $1.28",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$8.60B vs. cons $8.64B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FX-neutral online branded-checkout TPV growth",
      "prediction": "MISS",
      "answer": "pred ~1.0% vs. cons 2.0%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 non-GAAP EPS",
      "prediction": "LOWER",
      "answer": "guide ~$5.24 vs. cons $5.30 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 transaction-margin dollars ex-interest growth",
      "prediction": "LOWER",
      "answer": "guide ~-1.0% vs. cons 0.0% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 FX-neutral online branded-checkout TPV growth",
      "prediction": "LOWER",
      "answer": "guide ~1.0% vs. cons 2.0% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 adjusted free cash flow",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.0B vs. cons $6.1B (FY26)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -4.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest EPS beat of ~$1.30 versus $1.28 is outweighed by FY26 EPS guide of ~$5.24 versus $5.30 consensus and branded-checkout growth of ~1.0% versus 2.0%; those out-period cuts should drive negative revisions despite M&A support.",
  "day5_confidence": "MEDIUM"
}