{
  "report_rows": [
    {
      "kpi": "Q2 FFO/share",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.72 vs. cons $1.707 (Visible Alpha, Jul. 28, 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 occupancy",
      "prediction": "IN-LINE",
      "answer": "pred ~88.0% vs. cons 87.93% (Visible Alpha, Jul. 28, 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 office same-store NOI growth",
      "prediction": "BEAT",
      "answer": "pred ~-1.30% vs. cons -1.56% (Visible Alpha, Jul. 28, 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 FFO/share",
      "prediction": "UNCHANGED",
      "answer": "guide $6.90-$7.04 vs. cons $6.966 (BXP Apr. 28 release; Visible Alpha Jul. 28)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 FFO/share",
      "prediction": "LOWER",
      "answer": "guide $1.75-$1.77 vs. cons $1.811 (Visible Alpha, Jul. 28, 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 exit occupancy commentary",
      "prediction": "UNCHANGED",
      "answer": "reaffirm ~89% exit; no comparable consensus, UNVERIFIED",
      "confidence": "LOW"
    },
    {
      "kpi": "343 Madison financing / recapitalization",
      "prediction": "UNCHANGED",
      "answer": "maintain Q3 loan close / 2026 recap; no consensus, UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -4.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 lower Q3 guide should drive near-term estimate cuts",
  "day5_confidence": "MEDIUM"
}