{
  "report_rows": [
    {
      "kpi": "Net revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$11.30B vs. cons $11.27B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted diluted EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.20 vs. cons $3.18",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Value-added-services revenue",
      "prediction": "BEAT",
      "answer": "pred ~$3.73B vs. cons $3.66B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 adjusted net-revenue growth",
      "prediction": "LOWER",
      "answer": "guide ~12.0% vs. cons 12.5% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 adjusted EPS growth",
      "prediction": "LOWER",
      "answer": "guide ~12.0% vs. cons 12.7% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 4Q adjusted net-revenue growth",
      "prediction": "LOWER",
      "answer": "guide ~12.0% vs. cons 12.7% (2026Q4)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 4Q adjusted operating-expense growth",
      "prediction": "BETTER",
      "answer": "guide ~10.5% vs. cons 11.5% (2026Q4)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -2.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -4.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest VAS beat is unlikely to offset in-line ~$11.30B revenue versus $11.27B consensus and ~$3.20 EPS versus $3.18 consensus if FY26 revenue growth is held near 12.0% versus 12.5% expected; the lower 2026Q4 revenue setup drives out-period estimate cuts and extends the initial -2.8% residual toward -4.5%.",
  "day5_confidence": "MEDIUM"
}