{
  "report_rows": [
    {
      "kpi": "Q2 diluted FFO/share",
      "prediction": "BEAT",
      "answer": "pred ~$1.72 vs. cons $1.70",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 in-service portfolio occupancy",
      "prediction": "IN-LINE",
      "answer": "pred ~87.9% vs. cons 87.8%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 leasing volume",
      "prediction": "BEAT",
      "answer": "pred ~1.25m sq. ft. vs. cons 1.10m sq. ft.",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Diluted FFO/share guidance",
      "prediction": "BETTER",
      "answer": "guide ~$7.00 vs. cons $6.98 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Average in-service occupancy guidance",
      "prediction": "BETTER",
      "answer": "guide ~88.50% vs. cons 88.25% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Share of same-property NOI growth excluding termination income",
      "prediction": "BETTER",
      "answer": "guide ~2.0% vs. cons 1.9% (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.6,
  "day5_path": "FADE",
  "day5_rationale": "The anticipated ~$0.02 Q2 FFO beat versus $1.70 consensus is only partly carried into the ~$7.00 FY2026 guide versus $6.98 consensus, implying limited positive out-period revisions as interest expense, asset-sale dilution and leasing capital offset occupancy-driven NOI upside.",
  "day5_confidence": "MEDIUM"
}