{
  "report_rows": [
    {
      "kpi": "Operating revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$9.73B vs. cons $9.662B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Non-GAAP diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.28 vs. cons $2.234",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "QCT handset revenue",
      "prediction": "BEAT",
      "answer": "pred ~$5.05B vs. cons $4.962B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Revenue (FQ4'26)",
      "prediction": "BETTER",
      "answer": "guide ~$10.15B vs. cons $10.003B",
      "confidence": "LOW"
    },
    {
      "kpi": "Non-GAAP diluted EPS (FQ4'26)",
      "prediction": "BETTER",
      "answer": "guide ~$2.38 vs. cons $2.354",
      "confidence": "LOW"
    },
    {
      "kpi": "China QCT handset trajectory (FQ4'26)",
      "prediction": "BETTER",
      "answer": "confirms sequential recovery; consensus is qualitative/UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 3.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": 4.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 FQ4 estimate revisions should be positive",
  "day5_confidence": "LOW"
}