{
  "report_rows": [
    {
      "kpi": "2Q26 non-GAAP recurring EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.90 vs. cons $0.88",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 GAAP diluted EPS",
      "prediction": "MISS",
      "answer": "pred ~$0.59 vs. cons $0.71",
      "confidence": "HIGH"
    },
    {
      "kpi": "2Q26 revenue",
      "prediction": "MISS",
      "answer": "pred ~$3.08B vs. cons $3.12B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 non-GAAP recurring EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.65 vs. cons $4.71 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Connecticut and New Hampshire storm-cost securitization proceeds",
      "prediction": "UNCHANGED",
      "answer": "guide ~$2.00B vs. cons ~$2.00B (next 12-18 months)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Five-year common-equity financing need",
      "prediction": "UNCHANGED",
      "answer": "guide ~$0.95B vs. cons ~$0.95B (2026-2030)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.2,
  "day5_path": "FADE",
  "day5_rationale": "A modest ~$0.02 recurring-EPS beat and reaffirmed FY2026 range should support an initially positive reaction, but the $4.65 guidance midpoint remains below ~$4.71 consensus and likely offers no out-period estimate uplift. Aquarion debt reduction is already disclosed, while definitive Connecticut storm-cost and FERC-resolution catalysts are unlikely to be fully delivered in the print; that limits revisions and causes the initial move to fade.",
  "day5_confidence": "MEDIUM"
}