{
  "report_rows": [
    {
      "kpi": "Net Revenue (Q3 FY2026)",
      "prediction": "BEAT",
      "answer": "pred ~$11.55B vs. cons $11.39B (+1.4%)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Client Incentives (Q3 FY2026)",
      "prediction": "BEAT",
      "answer": "pred ~$(4.50B) vs. cons $(4.62B) (+2.6% favorable)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Cross-Border Vol. Growth ex-Intra EU (Q3 FY2026)",
      "prediction": "BEAT",
      "answer": "pred ~11-12% vs. cons 10.8%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Net Revenue (FY2026)",
      "prediction": "BETTER",
      "answer": "guide raised to low-to-mid teens vs. cons implying low double-digit to low teens",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Adj. EPS (FY2026)",
      "prediction": "BETTER",
      "answer": "guide raised to mid-teens vs. cons ~$13.10 (low teens)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q4 FY2026 Implied Net Revenue (Q4 FY2026)",
      "prediction": "BETTER",
      "answer": "implied ~$12.0B vs. cons ~$11.80B",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.5,
  "day5_path": "STABILIZE",
  "day5_rationale": "STABILIZE \u2014 estimate revisions flow through on FY guide raise, but +17% pre-run limits incremental upside; stock consolidates near new level",
  "day5_confidence": "MEDIUM"
}