{
  "report_rows": [
    {
      "kpi": "Q1 FY27 Net Bookings",
      "prediction": "BEAT",
      "answer": "pred ~$1.40B vs. cons ~$1.35B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q1 FY27 GAAP net revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.49B vs. cons ~$1.48B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q1 FY27 GAAP EPS",
      "prediction": "BEAT",
      "answer": "pred ~-$0.12 vs. cons ~-$0.19",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY27 Net Bookings guide (full year)",
      "prediction": "LOWER",
      "answer": "guide ~$8.0-8.2B (reaffirmed) vs. cons ~$8.6B (FY27)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Q2 FY27 Net Bookings guide",
      "prediction": "UNKNOWN",
      "answer": "guide ~$1.45B vs. cons ~$1.50B (Q2 FY27, pre-GTA VI)",
      "confidence": "LOW"
    },
    {
      "kpi": "GTA VI launch date confidence",
      "prediction": "UNCHANGED",
      "answer": "guide Nov 19, 2026 held vs. prior Nov 19, 2026 (FY27 launch)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY27 Recurrent consumer spending",
      "prediction": "UNCHANGED",
      "answer": "guide ~flat/-3% Q1 vs. cons ~flat (FY27, ~65% of bookings)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.0,
  "day1_confidence": "LOW",
  "day5_residual_pct": 1.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "The print is soft by design and the FY27 $8.0-8.2B guide is a conservative reaffirm below the Street's ~$8.6B, so out-period estimates barely move \u2014 no revision fuel either way. Day-1 pop is relief-driven (GTA VI Nov 19 date holding + qualitative pre-order strength), not a numbers upgrade. With the real catalyst still 3+ months out and the stock already off its ~$258 July peak, the reaction should hold rather than compound or fully fade \u2014 drifting sideways as investors wait for Rockstar-controlled GTA VI disclosures.",
  "day5_confidence": "LOW"
}