{
  "report_rows": [
    {
      "kpi": "Adjusted (cash) EPS",
      "prediction": "BEAT",
      "answer": "pred ~$6.68 vs. cons ~$6.58",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.308B vs. cons ~$1.297B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~11% vs. cons ~10%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS guide (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$26.60-$27.40 (mid ~$27.00) vs. cons ~$26.85 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 revenue guide (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$5.30-$5.40B (mid ~$5.35B) vs. cons ~$5.31B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 2026 adjusted EPS guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.80 vs. cons ~$6.78 (Q3 2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2026 organic revenue growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~10% vs. cons ~10% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Corporate Payments organic growth (Alpha migration/cross-border)",
      "prediction": "BETTER",
      "answer": "pred ~16% vs. cons ~14% (Q2 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "Base case is another modest beat-and-raise, driving an initial pop, but the stock has already run ~30% off March lows into record-high territory with insider PSU hurdles set well above spot, so much of the good news is priced. Out-period math is unfavorable: Q2-Q4 lap 11%+ comps, so guidance implies organic decel toward ~10% for H2, and the FY EPS raise is likely only a token ($0.20-0.40) flow-through of the Q2 beat rather than a fundamental step-up. That caps upward revisions and invites partial giveback of the day-1 move as the durability/decel narrative reasserts.",
  "day5_confidence": "LOW"
}