{
  "report_rows": [
    {
      "kpi": "Q2 2026 adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.38 vs. cons $0.37",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.14B vs. cons $2.12B",
      "confidence": "LOW"
    },
    {
      "kpi": "Firmly committed Houston industrial load",
      "prediction": "BEAT",
      "answer": "pred ~12.8 GW vs. cons 12.2 GW",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted EPS guidance",
      "prediction": "LOWER",
      "answer": "guide ~$1.90 vs. cons $1.91 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Capital investment plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.8B vs. cons $6.8B (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Houston data-center load expected to be energized",
      "prediction": "UNCHANGED",
      "answer": "guide ~8.0 GW vs. cons 8.0 GW (by year-end 2029)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "ERCOT-approved committed Houston load",
      "prediction": "BETTER",
      "answer": "guide/update ~4.2 GW vs. cons 3.2 GW (Q2 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Long-term capital plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~$65.5B vs. cons $65.5B (2026\u20132035)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 1.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.6,
  "day5_path": "FADE",
  "day5_rationale": "The predicted +1.4% day-1 residual fades toward +0.6% by day 5 because a small EPS beat and stronger ERCOT approvals support sentiment, but unchanged ~$1.90 FY2026 guidance versus $1.91 consensus limits estimate revisions while financing and equity-dilution concerns cap out-period upside.",
  "day5_confidence": "MEDIUM"
}