{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.10 vs. cons $1.08",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FPL adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.67 vs. cons $0.66",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Energy Resources backlog additions",
      "prediction": "MISS",
      "answer": "pred ~2.8 GW vs. cons 3.0 GW",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.02 vs. cons $4.01 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Adjusted EPS implied outlook",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.36 vs. cons $4.36 (FY2027)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FPL capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$12.5B vs. cons $12.5B (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "U.S.-Japan gas-project capacity",
      "prediction": "UNKNOWN",
      "answer": "guide ~9.5 GW vs. cons 9.5 GW (definitive-agreement target by 2026Q3)",
      "confidence": "LOW"
    },
    {
      "kpi": "Post-merger adjusted EPS CAGR",
      "prediction": "UNCHANGED",
      "answer": "guide ~9.0% vs. cons 9.0% (2026-2032)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.8,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.3,
  "day5_path": "FADE",
  "day5_rationale": "Predicted five-day residual of +0.3% versus day-one residual of +0.8%: a modest EPS beat is unlikely to drive durable revisions because FY2026 guidance of ~$4.02 versus consensus $4.01 and FY2027 implied EPS of ~$4.36 versus consensus $4.36 leave little out-period upside, while softer backlog additions and uncertain U.S.-Japan agreement timing limit follow-through.",
  "day5_confidence": "LOW"
}