{
  "report_rows": [
    {
      "kpi": "Constant-currency revenue growth",
      "prediction": "IN-LINE",
      "answer": "pred ~8.7% vs. cons 8.0%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted gross margin",
      "prediction": "IN-LINE",
      "answer": "pred ~73.5% vs. cons 73.25%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$4.45 vs. cons $4.29",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY27 constant-currency revenue growth",
      "prediction": "LOWER",
      "answer": "guide ~4.5% vs. cons 5.2% (FY27)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY27 operating-margin expansion",
      "prediction": "LOWER",
      "answer": "guide ~50 bps vs. cons 70 bps (FY27)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY27 Asia constant-currency revenue growth",
      "prediction": "LOWER",
      "answer": "guide ~9.0% vs. cons 10.5% (FY27)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A Q1 EPS beat of ~$4.45 versus $4.29 consensus is likely outweighed by FY27 revenue guidance of ~4.5% versus ~5.2% consensus and operating-margin expansion of ~50 bps versus ~70 bps consensus, pulling out-period estimates lower.",
  "day5_confidence": "MEDIUM"
}