{
  "report_rows": [
    {
      "kpi": "EPS",
      "prediction": "BEAT",
      "answer": "pred ~$7.55 vs. cons $7.19",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$9.55B vs. cons $9.32B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Power Systems revenue",
      "prediction": "BEAT",
      "answer": "pred ~$2.32B vs. cons $2.18B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 revenue growth guide (3rd raise?)",
      "prediction": "BETTER",
      "answer": "guide ~+9% to +12% vs. cons +8% to +11% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 EBITDA margin guide",
      "prediction": "BETTER",
      "answer": "guide ~18.0%-18.75% vs. cons 17.75%-18.5% (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Power Systems FY EBITDA margin (normalization off 29.5% Q1)",
      "prediction": "UNCHANGED",
      "answer": "guide ~25%-26% vs. cons ~26% (FY2026); Q2 ~27% vs. cons ~26.5%",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "Expect a clean beat plus a modest third guidance raise, driving a relief pop given the stock de-risked into the print (fell to ~$606 on 7/29 before recovering to ~$649). But the beat is H1-loaded while management keeps 2H largely unchanged, so the implied out-period run-rate is effectively trimmed; combined with the telegraphed Power Systems margin step-down from the 29.5% Q1 record and prebuy/EPA-2027 uncertainty, revisions lag the initial move and the pop partially fades. Data-center secular demand puts a floor under the fade rather than a full reversal.",
  "day5_confidence": "LOW"
}