{
  "report_rows": [
    {
      "kpi": "Total Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$980M vs. cons $970.8M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted (non-GAAP) EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.83 vs. cons $2.72",
      "confidence": "HIGH"
    },
    {
      "kpi": "DSA segment organic revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~-1.0% vs. cons ~-2.0%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Non-GAAP EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$10.80-$11.30 (midpoint ~$11.05) vs. cons ~$11.05 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Organic revenue growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~-0.5% to -1.5% (midpoint ~-1.0%) vs. cons ~-1.0% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "H2 vs H1 operating margin step-up",
      "prediction": "UNCHANGED",
      "answer": "guide ~500bps H2-over-H1 improvement vs. cons ~500bps expected (H2 2026 vs H1 2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "DSA return to organic growth / book-to-bill sustaining above 1.0x",
      "prediction": "UNCHANGED",
      "answer": "guide ~1.0-1.05x book-to-bill maintained vs. cons ~1.04x expected (H2 2026 inflection)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -2.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "Consensus already embedded management's own guided ~30%+ sequential EPS ramp, so a modest beat with FY26 guidance merely reaffirmed (not raised) offers little incremental upside catalyst after a 55%+ run off May lows to near cycle highs; this sets up an initial sell-the-news/profit-taking reaction on day 1. But because the H2 margin bridge and DSA book-to-bill trends are confirmed intact (not deteriorating) and both divestitures are fully closed and accretive, there is no fresh negative revision catalyst to drive a deeper cut to out-quarter numbers, so the stock likely stabilizes near the post-print level into the September Investor Day rather than extending losses (fade continuing lower) or fully round-tripping back to new highs (follow-through higher).",
  "day5_confidence": "MEDIUM"
}