{
  "report_rows": [
    {
      "kpi": "Q2 2026 adjusted EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.99 vs. cons $0.97",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Industrial/retail sales volume growth (YoY)",
      "prediction": "BEAT",
      "answer": "pred ~+14% vs. cons ~+11%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.25B vs. cons $3.20B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirmed $4.25\u2013$4.45 (mid ~$4.35) vs. cons $4.35 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term adjusted EPS CAGR",
      "prediction": "UNCHANGED",
      "answer": "guide >8% (~$4.35 base) vs. cons ~8% (2026\u20132035)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "New data-center/large-load ESA signings & pipeline conversion",
      "prediction": "UNKNOWN",
      "answer": "guide 7\u201312 GW DC pipeline + 3\u20135 GW other vs. cons ~0 GW newly contracted (2026+)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Equity financing need through plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~$7B equity, ~60% sourced, none needed until 2028 vs. cons ~$7B (2026\u20132030)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2/2H O&M timing headwind",
      "prediction": "UNCHANGED",
      "answer": "guide ~+$0.15 Q2 O&M vs. cons ~+$0.15 already embedded (Q2 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -1.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.3,
  "day5_path": "STABILIZE",
  "day5_rationale": "A 'reaffirm-not-raise' quarter with a pre-telegraphed ~$0.15 O&M drag keeps FY estimates flat (no upward revisions), and back-half-weighted growth means the out-period math doesn't improve. At a rich ~26x premium multiple with the stock already down ~3% into the print, absent a fresh signed ESA the modest day-1 dip holds rather than recovering or extending \u2014 hence stabilize near the initial reaction.",
  "day5_confidence": "LOW"
}