{
  "report_rows": [
    {
      "kpi": "Core FFO per share",
      "prediction": "BEAT",
      "answer": "pred ~$1.87 vs. cons $1.85",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Comparable POI growth (GAAP)",
      "prediction": "BEAT",
      "answer": "pred ~2.4% vs. cons 2.2%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Portfolio occupancy",
      "prediction": "IN-LINE",
      "answer": "pred ~93.9% vs. cons 93.8%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Core FFO per share guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$7.51 midpoint vs. cons $7.51 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 comparable POI growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.4% midpoint vs. cons 3.4% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "4Q26 portfolio occupancy exit rate commentary",
      "prediction": "UNCHANGED",
      "answer": "guide ~94.6% vs. cons 94.6% (4Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Signed-but-not-open rent contribution commentary",
      "prediction": "UNCHANGED",
      "answer": "guide ~$36 million vs. cons $36 million (2H26 into 2027)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.4,
  "day5_path": "FADE",
  "day5_rationale": "A modest ~$0.02 Core-FFO beat versus ~$0.00 of FY2026 guidance upside should initially reward the print, but unchanged ~$7.51 FY2026 midpoint guidance leaves out-period 2027 estimate revisions limited after the beat.",
  "day5_confidence": "MEDIUM"
}