{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$3.08 vs. cons $3.00",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total reported revenue (incl. BDS)",
      "prediction": "BEAT",
      "answer": "pred ~$1.64B vs. cons $1.623B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic constant-currency revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~8.5% vs. cons 7.0%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$14.65 vs. cons $14.55 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 total revenue (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$6.47B vs. cons $6.44B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Acquired BDS business growth inflection to positive (pro forma)",
      "prediction": "BETTER",
      "answer": "guide ~+2% vs. cons ~+0.5% (Q2/H2 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 2026 Adjusted EPS (first synergy quarter)",
      "prediction": "UNKNOWN",
      "answer": "guide ~$3.55 vs. cons $3.50 (Q3 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "A likely beat-and-raise (another BDS upside vs. conservatively-set numbers, legacy momentum, Q3 synergy arrival) drives a modest positive day-1 pop, but the setup is heavily de-risked: stock is up ~24% off the May low and sits near its late-July high (~$384 vs $375), so the bar is elevated and much of the good news is priced. The out-period math caps follow-through \u2014 management deliberately set implied H2 legacy organic growth at only ~6% (vs ~9% in H1) and acquired-business H2 assumptions just ~1.5pts above the Q2 guide, so even after a beat the conservative back-half framing limits upward estimate revisions and flattish YoY EPS optics (financing/dilution drag before synergies) invites partial give-back. Net: initial gains partially fade over 5 days.",
  "day5_confidence": "LOW"
}