{
  "report_rows": [
    {
      "kpi": "AFFO / share (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$2.75 vs. cons $2.71",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$2.73B vs. cons $2.70B",
      "confidence": "LOW"
    },
    {
      "kpi": "Adjusted EBITDA (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$1.83B vs. cons ~$1.80B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 AFFO/share guidance (midpoint)",
      "prediction": "BETTER",
      "answer": "guide ~$11.05 vs. cons ~$10.99 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 total property revenue guidance",
      "prediction": "BETTER",
      "answer": "guide ~$10.75B vs. prior ~$10.66B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Consolidated organic tenant billings growth (ex-DISH)",
      "prediction": "UNCHANGED",
      "answer": "guide ~4% ex-DISH vs. cons ~4% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "CoreSite/data center revenue growth + interconnection",
      "prediction": "BETTER",
      "answer": "pred DC rev ~+13% vs. cons ~+12% (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "Beaten-down, cautiously-positioned stock likely pops on a beat + guidance raise, but the raise is largely FX/straight-line flattered rather than core leasing strength. As investors parse still-low-single-digit core organic growth, back-half U.S./LatAm (Brazil/DISH) churn, and a tough services comp, the out-period math implies muted core estimate revisions, so the day-1 idiosyncratic gain partially fades over the following days.",
  "day5_confidence": "LOW"
}