{
  "report_rows": [
    {
      "kpi": "Underlying EPS",
      "prediction": "MISS",
      "answer": "pred ~$1.62 vs. cons $1.77",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net sales",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.18B vs. cons $3.20B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "U.S. financial volume",
      "prediction": "MISS",
      "answer": "pred ~-9.4% vs. cons -7.5%",
      "confidence": "HIGH"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 underlying pretax income",
      "prediction": "LOWER",
      "answer": "guide ~$1.17B vs. cons $1.21B (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 underlying EPS",
      "prediction": "LOWER",
      "answer": "guide ~$5.38 vs. cons $5.59 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 underlying free cash flow",
      "prediction": "LOWER",
      "answer": "guide ~$1.05B vs. cons $1.10B (FY26)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -5.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -7.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "The anticipated EPS/volume miss is likely compounded by a FY26 pretax-income guide of ~$1.17B versus ~$1.21B consensus and FCF of ~$1.05B versus ~$1.10B, pulling down out-period estimates rather than leaving the quarter as a contained 2Q cost-phasing issue.",
  "day5_confidence": "MEDIUM"
}