{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.31 vs. cons $1.29",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.85B vs. cons $1.83B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted Property EBITDAR",
      "prediction": "BEAT",
      "answer": "pred ~$574M vs. cons $566M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Wynn Al Marjan opening timing",
      "prediction": "LOWER",
      "answer": "guide ~Q1 2028 vs. cons Q4 2027 (opening period)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Wynn Al Marjan remaining equity contribution",
      "prediction": "LOWER",
      "answer": "guide ~$425M vs. cons $400M (remaining project equity, 2026-2028)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2026 Macau expansionary capex",
      "prediction": "UNCHANGED",
      "answer": "guide ~$425M vs. cons $425M (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 2.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "A ~1% to 2% operating beat should drive an initial positive reaction, but a Q1 2028 Al Marjan opening versus Q4 2027 consensus and roughly $25M of incremental equity need imply approximately 2% lower 2027 free-cash-flow expectations, limiting estimate-revision follow-through.",
  "day5_confidence": "MEDIUM"
}