{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.47 vs. cons $1.46",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.28B vs. cons $1.27B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating and maintenance expense",
      "prediction": "MISS",
      "answer": "pred ~$0.53B vs. cons $0.52B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.07 midpoint vs. cons $6.07 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 capital investment plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~$3.70B vs. cons $3.70B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "New Jersey rate-case annual revenue request / assumed outcome timing",
      "prediction": "UNKNOWN",
      "answer": "guide ~$139M annual revenue vs. cons ~$139M (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "A roughly in-line Q2 and retained ~$6.07 FY2026 midpoint should avoid a material out-period estimate reset, but the Pennsylvania outcome of ~$74.9M versus the prior ~$169M request and unresolved New Jersey execution leave limited upside for revisions; pred -1.0% vs. day-1 -1.8%.",
  "day5_confidence": "MEDIUM"
}