{
  "report_rows": [
    {
      "kpi": "AFFO per share (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$2.74 vs. cons $2.71",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total revenue (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.72B vs. cons $2.705B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "CoreSite data center revenue growth (cash basis, Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~14% vs. cons/guide ~13%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 AFFO/share guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$10.90-$11.07 (midpoint ~$10.99) vs. cons ~$10.98 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 consolidated organic tenant billings growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~2% vs. cons ~2% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "DISH bankruptcy recovery embedded in guidance",
      "prediction": "UNKNOWN",
      "answer": "guide ~$0 recovery embedded vs. ~$2B AMT claim value under litigation (FY2026-2027)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.4,
  "day5_path": "FADE",
  "day5_rationale": "An in-line-to-modest-beat quarter with no incremental DISH churn and continued buybacks should spark a relief bounce off depressed valuation (stock -25% YTD), but with guidance merely reaffirmed rather than raised again (the FX/Brazil straight-line tailwinds that drove the Q1 raise are largely one-time), out-period AFFO/EBITDA estimates are unlikely to move up meaningfully, capping follow-through. The unresolved DISH bankruptcy auction timeline (Aug 10-17) and a hawkish Fed keeping long rates elevated remain overhangs that historically have caused AMT rallies to fade within days as multiple-sensitive REIT investors stay cautious until there is cash resolution/settlement clarity.",
  "day5_confidence": "LOW"
}