{
  "report_rows": [
    {
      "kpi": "Q2 2026 Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.69 vs. cons ~$0.66",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Operating Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$2.02B vs. cons ~$1.95B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "NorthStar Clean Energy Segment Adjusted EPS Contribution",
      "prediction": "BEAT",
      "answer": "pred ~$0.05 vs. cons ~$0.03",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$3.87 (range $3.83-$3.90 midpoint) vs. cons ~$3.85 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 Planned Equity Issuance Pace",
      "prediction": "UNCHANGED",
      "answer": "guide ~$700M vs. cons ~$700M (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Gas Rate Case (MGRC) Outcome",
      "prediction": "UNCHANGED",
      "answer": "guide ~75-95% of $240M ask (~$180-228M) vs. cons ~75% (~$180M) (final order Sep/Oct 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "H2 2026 Weather-Normalization Headwind vs. 2025 Comp",
      "prediction": "LOWER",
      "answer": "guide ~-$0.23/share for remaining 9 months vs. cons ~$0.00 embedded (FY2026, Q2-Q4)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.1,
  "day5_path": "FADE",
  "day5_rationale": "Q2 likely posts a modest EPS/revenue beat similar in character to Q1 (favorable weather comp/NorthStar strength), but guidance is only reaffirmed (not raised) and management has already flagged a ~$0.23/share negative weather-normalization headwind baked into the remaining 9 months of 2026. As sell-side notes digest that the beat is largely a 'pull-forward' rather than a structural raise, and no new data-center contracts or Moody's resolution land on this specific call, initial relief-rally gains are likely to fade over the week as out-period math (tougher H2 comps, unchanged full-year bridge) keeps 2026-2027 estimate revisions flat to slightly down rather than following through.",
  "day5_confidence": "MEDIUM"
}