{
  "report_rows": [
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$3.76B vs. cons $3.71B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$1.02B vs. cons $0.97B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.52 vs. cons $1.44",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2027 adjusted EBITDA outlook",
      "prediction": "BETTER",
      "answer": "guide ~$3.85B vs. cons $3.80B (FY2027)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2027 adjusted EPS outlook",
      "prediction": "LOWER",
      "answer": "guide ~$5.55 vs. cons $5.76 (FY2027)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Pro forma net leverage at Roku closing",
      "prediction": "UNCHANGED",
      "answer": "guide ~2.8x vs. cons 2.8x (1H CY2027 closing)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 2.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.8,
  "day5_path": "FADE",
  "day5_rationale": "Day-1 residual ~+2.4% vs. day-5 cumulative residual ~+0.8%: a Q4 operating beat should initially help, but implied FY2027 EPS of ~$5.55 versus $5.76 consensus reflects financing costs and reduced buyback support, limiting positive revisions and causing the move to fade.",
  "day5_confidence": "MEDIUM"
}