{
  "report_rows": [
    {
      "kpi": "Q2 2026 Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.10 vs. cons $1.08",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Total Operating Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$2.45B vs. cons $2.40B",
      "confidence": "LOW"
    },
    {
      "kpi": "O&M / Vegetation Management (tree-trimming) Expense Growth YoY",
      "prediction": "MISS",
      "answer": "pred ~+10% YoY vs. implied cons ~+5% YoY",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Diluted EPS Guidance Range",
      "prediction": "UNCHANGED",
      "answer": "guide ~$5.25-$5.45 (midpoint $5.35) vs. cons midpoint $5.35 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "2026-2030 Weather-Normalized Sales CAGR Assumption (pre-IRP update)",
      "prediction": "UNCHANGED",
      "answer": "guide ~6.2% vs. cons/prior guide 6.2% (2026-2030, ahead of Sept IRP reset)",
      "confidence": "LOW"
    },
    {
      "kpi": "5-Year Capital Plan Size (2026-2030), ex.-large-load additive spend",
      "prediction": "BETTER",
      "answer": "pred ~$34B vs. prior plan $32B (2026-2030)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -0.3,
  "day5_path": "FADE",
  "day5_rationale": "Q2 EPS likely tops the $1.08 consensus on continued infrastructure investment earnings, but management flagged Q2-specific vegetation-management cost inflation and reaffirmed (not raised) the $5.25-$5.45 FY guide despite the Q1 beat \u2014 a classic 'beat-but-no-raise' setup. With the stock already near highs pricing in continued execution and no major incremental ESA/IRP catalysts likely within the 5-day window (Sept IRP update is ~2 months out), sell-side models should trim near-term margin assumptions for higher O&M, pulling out-quarter/FY27 estimates down modestly and fading an initially muted positive reaction.",
  "day5_confidence": "MEDIUM"
}