{
  "report_rows": [
    {
      "kpi": "Total Segment EBITDA (Q4 FY26)",
      "prediction": "BEAT",
      "answer": "pred ~$385M vs. cons $373.1M (Visible Alpha, Aug 4 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Dow Jones Revenue (Q4 FY26)",
      "prediction": "BEAT",
      "answer": "pred ~$655M vs. cons $640.1M (Visible Alpha, Aug 4 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Move/Realtor.com Revenue (Q4 FY26)",
      "prediction": "MISS",
      "answer": "pred ~$160M vs. cons $163.2M (Visible Alpha, Aug 4 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 EBITDA (FY2026)",
      "prediction": "BETTER",
      "answer": "guide ~$1,585-1,595M implied vs. cons $1,579.0M (Visible Alpha, Aug 4 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "AI Licensing / Anthropic Proceeds (FY2026)",
      "prediction": "BETTER",
      "answer": "guide: Anthropic proceeds begin + additional deal in advanced negotiations vs. not in consensus",
      "confidence": "LOW"
    },
    {
      "kpi": "Realtor.com / Housing Outlook (Q1 FY27)",
      "prediction": "UNCHANGED",
      "answer": "guide: cautious; mortgage rate headwind maintained vs. cons $197.0M DRES EBITDA (Visible Alpha, Aug 4 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -0.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.5,
  "day5_path": "FADE",
  "day5_rationale": "FADE \u2014 EBITDA beat absorbed day-1; Move miss + no true FY raise pulls near-term estimates down; last 3 quarters all showed 5-day negative residuals",
  "day5_confidence": "MEDIUM"
}