{
  "report_rows": [
    {
      "kpi": "Fiscal 3Q26 adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.19 vs. cons $3.14",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 3Q26 FX-neutral revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~2.8% vs. cons 2.6%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 3Q26 adjusted operating margin",
      "prediction": "IN-LINE",
      "answer": "pred ~25.3% vs. cons 25.1%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted EPS guidance",
      "prediction": "BETTER",
      "answer": "guide ~$12.70 midpoint vs. cons $12.66 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FX-neutral revenue-growth guidance",
      "prediction": "BETTER",
      "answer": "guide ~2.7% vs. cons 2.6% (FY26)",
      "confidence": "LOW"
    },
    {
      "kpi": "Adjusted operating-margin guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~25.0% vs. cons 25.0% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FX-neutral revenue-growth commentary",
      "prediction": "LOWER",
      "answer": "guide ~2.7% vs. cons 3.1% (FY27)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "LOW",
  "day5_residual_pct": -1.5,
  "day5_path": "FADE",
  "day5_rationale": "A modest reported beat and small FY26 EPS increase support the initial reaction, but an implied FY27 FX-neutral growth outlook of ~2.7% versus consensus 3.1% drives out-period estimate cuts as the Alaris headwind rises to roughly 200 basis points, causing the beat-driven gain to fade.",
  "day5_confidence": "MEDIUM"
}