{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$2.04 vs. cons ~$2.00",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue (Q2'26)",
      "prediction": "IN-LINE",
      "answer": "pred ~$4.34B vs. cons ~$4.36B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA margin (Q2'26)",
      "prediction": "IN-LINE",
      "answer": "pred ~32.3% vs. cons ~32.3% (flat-to-slightly-down YoY as guided)",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS guide",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirmed ~$7.20-7.28 (mid $7.24) vs. cons ~$7.24 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Revenue guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~$17.05-17.15B vs. cons ~$17.05B (FY2026); modest trim risk on soft volume post-WM",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2026 Adjusted FCF guide",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirmed ~$2.52-2.56B vs. cons ~$2.54B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 organic volume / H2 inflection commentary",
      "prediction": "UNKNOWN",
      "answer": "guide ~ -1% total volume vs. cons ~ -0.9% (FY2026); H2/Q4 flip-to-positive is the swing",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "Likely small EPS beat on pricing/cost/AI self-help with FY EPS/FCF reaffirmed drives a modest relief pop in a defensive, low-beta (~0.6) name that already corrected ~11% from its March high and ~5% post-WM. But the out-period math is demanding: FY guide implies an H2/Q4 volume flip to positive and back-half margin expansion while Q2 volume is still negative and WM just flagged soft volumes \u2014 so estimates don't get revised meaningfully higher and the day-1 gain largely holds rather than compounds. Net: stabilize near the initial move with mild give-back risk if the top-line guide is nudged lower.",
  "day5_confidence": "LOW"
}