{
  "report_rows": [
    {
      "kpi": "Q2 2026 revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.560B vs. cons $1.548B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$652M vs. cons $640M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 WWE adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$395M vs. cons $387M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Full-year 2026 revenue guidance midpoint",
      "prediction": "BETTER",
      "answer": "guide ~$5.800B vs. cons $5.794B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Full-year 2026 adjusted EBITDA guidance midpoint",
      "prediction": "BETTER",
      "answer": "guide ~$2.290B vs. cons $2.285B (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 3.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.6,
  "day5_path": "FADE",
  "day5_rationale": "A WWE-led EBITDA beat should drive the initial gain, but only a marginal FY2026 guidance increase versus consensus leaves limited room for out-period estimate revisions; UFC event mix, LA28 spending and World Cup working-capital complexity should cause part of the day-1 move to fade.",
  "day5_confidence": "MEDIUM"
}