{
  "report_rows": [
    {
      "kpi": "Core diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.60 vs. cons $3.51",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "PGIM operating margin",
      "prediction": "BEAT",
      "answer": "pred ~25.8% vs. cons 25.43%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "PGIM ending AUM",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.490T vs. cons $1.484T",
      "confidence": "HIGH"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Japan pretax AOI impact",
      "prediction": "UNCHANGED",
      "answer": "guide ~$525M-$575M vs. existing company range $525M-$575M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 effective tax rate",
      "prediction": "UNCHANGED",
      "answer": "guide ~21%-22% vs. cons UNVERIFIED",
      "confidence": "LOW"
    },
    {
      "kpi": "PGIM 2026 margin-expansion trajectory",
      "prediction": "UNCHANGED",
      "answer": "guide >200 bps vs. cons UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "LOW",
  "day5_residual_pct": -0.5,
  "day5_path": "FADE",
  "day5_rationale": "FADE \u2014 beat quality and unchanged forward package",
  "day5_confidence": "LOW"
}