{
  "report_rows": [
    {
      "kpi": "Q2 2026 adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.73 vs. cons $0.70",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.95B vs. cons ~$1.90B",
      "confidence": "LOW"
    },
    {
      "kpi": "H1 2026 cumulative adjusted EPS (Q1 $1.13 + Q2)",
      "prediction": "BEAT",
      "answer": "pred ~$1.86 vs. cons ~$1.83",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS guide (reaffirm toward high end)",
      "prediction": "UNCHANGED",
      "answer": "guide $3.83-3.90 (high end ~$3.90) vs. cons $3.87 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term adjusted EPS growth rate",
      "prediction": "UNCHANGED",
      "answer": "guide 6-8% off high end (~7%) vs. cons ~7% (long-term/FY2027 $4.16)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Hyperscaler data-center contract signing (swing factor)",
      "prediction": "UNKNOWN",
      "answer": "guide ~1 GW signed = $2-5B capex vs. current $24B plan (2028+ ramp)",
      "confidence": "LOW"
    },
    {
      "kpi": "New electric rate case ask / June IRP capex upside",
      "prediction": "UNKNOWN",
      "answer": "guide growth-scenario capex >$24B vs. current $24B 5-yr plan",
      "confidence": "LOW"
    },
    {
      "kpi": "2026 weather-normalized sales growth",
      "prediction": "UNCHANGED",
      "answer": "guide 2-3% (~2.5%) vs. cons ~2.5% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.6,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.5,
  "day5_path": "STABILIZE",
  "day5_rationale": "Base case is a modest beat (NorthStar/O&M, 5th straight beat) plus a clean high-end reaffirm, so out-period estimates hold rather than get cut \u2014 the telegraphed summer weather give-back is offset by ~$0.24 regulatory variance, keeping FY2026 ~$3.87-3.90 intact. No implicit cut means the day-1 pop neither fully fades nor accelerates; residual drifts flat-to-slightly-positive. Real upside optionality is a signed hyperscaler contract / IRP growth-scenario capex, which would push toward FOLLOW-THROUGH; absent that it stabilizes as a defensive reg-utility.",
  "day5_confidence": "LOW"
}