{
  "report_rows": [
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$3.70B vs. cons $3.647B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA",
      "prediction": "BEAT",
      "answer": "pred ~$1.03B vs. cons $1.002B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.43 vs. cons $1.390",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 adjusted EBITDA / record EBITDA",
      "prediction": "BETTER",
      "answer": "guide: reaffirmed record EBITDA; implied ~$3.74B vs. cons $3.713B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 digital investment",
      "prediction": "LOWER",
      "answer": "guide: comfortably inside $290M prior-year level; consensus UNVERIFIED",
      "confidence": "LOW"
    },
    {
      "kpi": "FY27 Television distribution",
      "prediction": "UNCHANGED",
      "answer": "guide: return to growth; standalone consensus UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 5.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 6.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 modest estimate uplift and de-risked setup",
  "day5_confidence": "MEDIUM"
}