{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.08 vs. cons $4.02",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.91B vs. cons $3.893B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "CC net-yield growth",
      "prediction": "BEAT",
      "answer": "pred ~+0.70% vs. cons +0.58%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted EPS (Q3 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.34-$6.44 vs. cons $6.42",
      "confidence": "LOW"
    },
    {
      "kpi": "Adjusted EPS (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$17.10-$17.50 vs. cons $17.42",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Bookings / Mediterranean recovery (2H 2026)",
      "prediction": "BETTER",
      "answer": "recovery commentary better than prior concern; consensus UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -4.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": -6.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 implicit Q4 cut should pull estimates lower",
  "day5_confidence": "LOW"
}