{
  "report_rows": [
    {
      "kpi": "Total revenue (FY26 Q3)",
      "prediction": "BEAT",
      "answer": "pred ~$9.78B vs. cons $9.64B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Non-GAAP diluted EPS (FY26 Q3)",
      "prediction": "BEAT",
      "answer": "pred ~$2.31 vs. cons $2.22",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "QCT handset revenue (FY26 Q3)",
      "prediction": "IN-LINE",
      "answer": "pred ~$4.94B vs. cons $4.91B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Total revenue (FY26 Q4)",
      "prediction": "LOWER",
      "answer": "guide ~$10.00B vs. cons $10.25B (FY26 Q4)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Non-GAAP diluted EPS (FY26 Q4)",
      "prediction": "LOWER",
      "answer": "guide ~$2.31 vs. cons $2.43 (FY26 Q4)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "QCT handset revenue (FY26 Q4)",
      "prediction": "LOWER",
      "answer": "guide ~$5.02B vs. cons $5.18B (FY26 Q4)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "QCT automotive revenue (FY26 Q4)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.55B vs. cons $1.55B (FY26 Q4)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -5.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -7.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A Q3 revenue/EPS beat of roughly $0.14B and $0.09 is likely overshadowed by implied FY26 Q4 revenue/EPS shortfalls of roughly $0.25B and $0.12. The out-period reset reflects Apple modem-share loss and a less-than-complete China handset recovery, prompting FY26/FY27 estimate cuts even if automotive execution remains solid.",
  "day5_confidence": "MEDIUM"
}