{
  "report_rows": [
    {
      "kpi": "Core FFO/share",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.490 vs. cons $0.489",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store NOI growth",
      "prediction": "BEAT",
      "answer": "pred ~1.20% vs. cons 1.02%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Blended lease-rate growth",
      "prediction": "BEAT",
      "answer": "pred ~2.80% vs. cons 2.71%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Core FFO/share",
      "prediction": "UNCHANGED",
      "answer": "guide $1.90\u2013$1.98 vs. cons $1.946",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 same-store NOI growth",
      "prediction": "BETTER",
      "answer": "guide 0.3%\u20132.0% vs. cons 1.10%",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.5,
  "day1_confidence": "LOW",
  "day5_residual_pct": -1.0,
  "day5_path": "FADE",
  "day5_rationale": "FADE \u2014 operating upside without a formal FY raise should not sustain",
  "day5_confidence": "LOW"
}