{
  "report_rows": [
    {
      "kpi": "Core FFO per share",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.08 vs. cons $2.06",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store revenue growth",
      "prediction": "BEAT",
      "answer": "pred ~1.9% vs. cons 1.7%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store NOI growth",
      "prediction": "BEAT",
      "answer": "pred ~3.0% vs. cons 2.5%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Core FFO per share",
      "prediction": "BETTER",
      "answer": "guide ~$8.28 midpoint ($8.15-$8.40) vs. cons $8.26 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store revenue growth",
      "prediction": "LOWER",
      "answer": "guide ~1.25% midpoint (0.5%-2.0%) vs. cons 1.30% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store NOI growth",
      "prediction": "BETTER",
      "answer": "guide ~0.75% midpoint (-0.25%-1.75%) vs. cons 0.60% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.8,
  "day5_path": "FADE",
  "day5_rationale": "The operating beat should drive an initial positive reaction, but FY2026 same-store revenue guidance of ~1.25% versus consensus 1.30% implies second-half growth of only ~0.7% versus the Street near 0.8%, limiting estimate revisions and causing part of the day-1 move to fade.",
  "day5_confidence": "MEDIUM"
}