{
  "report_rows": [
    {
      "kpi": "Core FFO per share",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.68 vs. cons $1.67",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-property revenue growth",
      "prediction": "IN-LINE",
      "answer": "pred ~0.5% vs. cons 0.4%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-property NOI growth",
      "prediction": "IN-LINE",
      "answer": "pred ~(1.3)% vs. cons ~(1.5)%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "3Q26 Core FFO per share guidance",
      "prediction": "BETTER",
      "answer": "guide ~$1.73 vs. cons $1.70 (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Core FFO per share guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$6.75 vs. cons $6.75 (FY26)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Implied 4Q26 Core FFO per share",
      "prediction": "LOWER",
      "answer": "guide ~$1.64 vs. cons $1.68 (4Q26 implied)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 same-property NOI growth midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~(0.5)% vs. cons ~(0.5)% (FY26)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 1.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.3,
  "day5_path": "FADE",
  "day5_rationale": "A modest ~$1.68 versus ~$1.67 Core-FFO print and improved ~$1.73 versus ~$1.70 3Q setup should initially reward better leasing/sale-execution confidence, but unchanged ~$6.75 versus ~$6.75 FY26 Core FFO implies roughly ~$1.64 versus ~$1.68 of 4Q26 Core FFO, leaving unfavorable out-period estimate math.",
  "day5_confidence": "MEDIUM"
}