{
  "report_rows": [
    {
      "kpi": "AFFO per share",
      "prediction": "MISS",
      "answer": "pred ~$1.04 vs. cons $1.06",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDA",
      "prediction": "IN-LINE",
      "answer": "pred ~$662M vs. cons $668M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Organic contribution to site-rental billings excluding DISH and Sprint",
      "prediction": "IN-LINE",
      "answer": "pred ~3.4% vs. cons 3.5%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Full-year 2026 AFFO per share",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.59 vs. cons $4.59 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Full-year 2026 adjusted organic site-rental-billings growth excluding DISH and Sprint",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.5% vs. cons 3.5% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Full-year 2026 adjusted EBITDA",
      "prediction": "UNCHANGED",
      "answer": "guide ~$2.69B vs. cons $2.69B (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest AFFO-per-share miss and organic growth still below the 3.5% framework would reinforce that the 2026 AFFO uplift is financing-led rather than a tower-demand inflection. Maintaining FY2026 guidance would limit the initial downside, but the implied second-half leasing and margin recovery becomes less credible, pulling 2027 AFFO and organic-growth estimates lower after the report.",
  "day5_confidence": "MEDIUM"
}