{
  "report_rows": [
    {
      "kpi": "Q2 2026 non-GAAP core EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.37 vs. cons $0.36",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Data-center load in final engineering",
      "prediction": "BEAT",
      "answer": "pred ~5.0 GW vs. cons 4.8 GW",
      "confidence": "LOW"
    },
    {
      "kpi": "Data-center load under construction",
      "prediction": "BEAT",
      "answer": "pred ~220 MW vs. cons 200 MW",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Full-year non-GAAP core EPS",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.65 midpoint vs. cons $1.65 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Annual non-GAAP core EPS growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~9.0%+ vs. cons 9.7% (2027\u20132030)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Data-center load expected online",
      "prediction": "UNCHANGED",
      "answer": "guide ~1.8 GW vs. cons 1.8 GW (by 2030)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$12.4B vs. cons $12.4B (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 0.9,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.4,
  "day5_path": "FADE",
  "day5_rationale": "A modest EPS beat and better pipeline conversion should support the initial reaction, but unchanged ~$1.65 FY2026 guidance versus $1.65 consensus leaves little out-period revision fuel; absent a quantified wildfire-reform catalyst, part of the day-1 gain likely fades.",
  "day5_confidence": "MEDIUM"
}