{
  "report_rows": [
    {
      "kpi": "Core FFO per share (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$2.09 vs. cons $2.075",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-Store Revenue Growth YoY (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~+0.3% vs. cons -0.002%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Blended Lease Rate (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~+0.9% vs. cons +0.87%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Core FFO per share (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.53 midpoint maintained vs. cons $8.502",
      "confidence": "HIGH"
    },
    {
      "kpi": "SS Revenue Growth (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide ~+0.60% vs. cons +0.23%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "New Lease Rate Trajectory (Qualitative, Q3 2026 direction)",
      "prediction": "BETTER",
      "answer": "July new leases approaching -3% to -4%, improving from Q2 vs. implied -5% consensus",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 modest upward SS revenue estimate revisions drive continued bid; FY FFO maintained limits magnitude",
  "day5_confidence": "MEDIUM"
}