{
  "report_rows": [
    {
      "kpi": "Adjusted operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.54 vs. cons $3.49",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "PGIM pretax adjusted operating income",
      "prediction": "BEAT",
      "answer": "pred ~$225M vs. cons $218M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "International Businesses pretax adjusted operating income",
      "prediction": "MISS",
      "answer": "pred ~$660M vs. cons $675M",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Prudential of Japan pretax adjusted operating income impact",
      "prediction": "UNCHANGED",
      "answer": "guide ~$550M vs. cons $550M (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Prudential of Japan pretax adjusted operating income impact",
      "prediction": "UNCHANGED",
      "answer": "guide ~$425M vs. cons $425M (FY2027)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted operating ROE strategic target",
      "prediction": "BETTER",
      "answer": "guide ~16% vs. cons 15% (long-term)",
      "confidence": "LOW"
    },
    {
      "kpi": "PGIM margin expansion",
      "prediction": "BETTER",
      "answer": "guide ~225 bps vs. cons 200 bps (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.2,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.8,
  "day5_path": "FADE",
  "day5_rationale": "Day-5 residual ~+0.8% vs. day-1 residual +2.2%: Japan containment and stronger strategic targets provide initial relief, but unchanged FY2026-FY2027 Japan costs limit out-period estimate revisions and cause part of the initial gain to fade.",
  "day5_confidence": "LOW"
}