{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.71 vs. cons $1.68",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$4.85B vs. cons $4.79B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted segment EBITDA margin",
      "prediction": "BEAT",
      "answer": "pred ~28.3% vs. cons ~28.0%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS guidance",
      "prediction": "BETTER",
      "answer": "guide ~$6.58 (raised/narrowed within $6.45-6.55 range) vs. cons $6.52 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 underlying sales growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~3% vs. cons ~3% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Middle East FY2026 sales headwind",
      "prediction": "BETTER",
      "answer": "guide ~0.75pt drag vs. prior guide ~1pt (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "Software ACV growth",
      "prediction": "BETTER",
      "answer": "guide ~10%+ vs. cons ~9% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -3.0,
  "day5_path": "FADE",
  "day5_rationale": "Stock ran ~14% in three weeks into the print (136\u2192154.88) and options/positioning already price a beat-and-raise; a modest EPS/revenue beat plus only an in-line-to-modest FY sales-growth guide (Middle East drag still ~0.75-1pt, China still down mid-single-digits) leaves little room for further upside surprise, so an initial sell-the-news reaction likely extends over the week as sell-side models trim out-period (Q4/FY27) estimates for continued Middle East/China softness even while praising margin execution, producing net negative drift despite the headline beat.",
  "day5_confidence": "MEDIUM"
}