{
  "report_rows": [
    {
      "kpi": "2Q26 Core FFO per share",
      "prediction": "BEAT",
      "answer": "pred ~$2.01 vs. cons $1.98",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.67B vs. cons $1.65B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 new bookings at DLR share",
      "prediction": "BEAT",
      "answer": "pred ~$285M vs. cons $250M",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "2026 Core FFO per share guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.05 vs. cons $8.06 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Constant-currency same-capital cash NOI growth guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~4.5% vs. cons 4.5% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Cash renewal spread guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~7.5% vs. cons 7.5% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.1,
  "day5_path": "FADE",
  "day5_rationale": "A modest operating beat and healthy leasing should drive the initial gain, but unchanged FY2026 guidance implies pred ~$8.05 vs. cons $8.06, while higher share count, development carrying costs, and limited 2026 earnings contribution from recent transactions constrain out-period estimate revisions.",
  "day5_confidence": "MEDIUM"
}