{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$1.96 vs. cons $1.91",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic revenue growth (Q2'26, guided trough)",
      "prediction": "IN-LINE",
      "answer": "pred ~-3% vs. cons ~-2.5%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Clover/Merchant GPV growth ex-gateway",
      "prediction": "IN-LINE",
      "answer": "pred ~11% vs. cons ~11%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Adjusted EPS outlook",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.15 (reaffirm $8.00-8.30) vs. cons ~$8.12 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Organic revenue growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~2% (1-3%) vs. cons ~1.8% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Adjusted operating margin (H2 ramp credibility)",
      "prediction": "UNCHANGED",
      "answer": "guide ~34% vs. cons ~33.7% (FY2026); H2 must ramp to 35-36% from ~31% H1",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "LOW",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "Low-bar, pre-signaled trough quarter plus a likely slight beat and a reaffirmed (not raised) $8.00-8.30 FY frame from the new CEO drives an initial relief pop off washed-out sentiment. But shares already bounced ~13% off June lows into the print (M&A/optionality + insider buying), raising the bar and creating sell-the-news risk. The out-period math is the drag: hitting 1-3% FY organic and ~34% margin requires an aggressive H2 re-acceleration (negative H1 organic to positive, margins from ~31% to 35-36%), so estimate revisions stay flattish-to-down and new-CEO reset/investment-spend caution keeps a lid \u2014 the initial gain fades.",
  "day5_confidence": "LOW"
}