{
  "report_rows": [
    {
      "kpi": "Q2 2026 EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.80 vs. cons ~$0.79",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.98B vs. cons ~$1.96B",
      "confidence": "LOW"
    },
    {
      "kpi": "Weather-normal retail electric deliveries YoY",
      "prediction": "IN-LINE",
      "answer": "pred ~+1.5% vs. cons ~+1.4%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$5.51\u2013$5.61 (mid $5.56) vs. cons ~$5.57 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term EPS CAGR",
      "prediction": "UNCHANGED",
      "answer": "guide ~7\u20138% vs. cons ~7.5% (2026\u20132030)",
      "confidence": "HIGH"
    },
    {
      "kpi": "5-yr capital plan / data-center capex signal",
      "prediction": "UNKNOWN",
      "answer": "guide ~$37.5B (hold, raise deferred to Q3) vs. cons ~$38B (2026\u20132030 plan)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Wisconsin VLC tariff written order confirmation",
      "prediction": "BETTER",
      "answer": "guide ROE ~10.48\u201310.98%, 57% equity vs. cons ~10.7% ROE assumption (final order H2'26)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -0.4,
  "day1_confidence": "LOW",
  "day5_residual_pct": -0.3,
  "day5_path": "STABILIZE",
  "day5_rationale": "Low-beta regulated utility with a seasonally small Q2 print and a reaffirmed FY guide leaves out-period estimates essentially unchanged \u2014 no revision impulse in either direction. The real catalyst (fall capital-plan upsize + hyperscaler announcements) is explicitly deferred to the Q3 call, so absent a weather-driven surprise the residual drifts near flat and mean-reverts around the sector; slightly soft pre-print sentiment caps upside.",
  "day5_confidence": "LOW"
}