{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.82 vs. cons $0.79",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating revenue",
      "prediction": "BEAT",
      "answer": "pred ~$2.10B vs. cons $2.07B",
      "confidence": "LOW"
    },
    {
      "kpi": "Weather-normalized retail-electric deliveries (ex-iron ore mine)",
      "prediction": "IN-LINE",
      "answer": "pred ~1.4% vs. cons 1.5%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "2026 adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$5.56 midpoint vs. cons $5.57 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "2026-30 capital-investment plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~$37.5B vs. cons $37.5B (2026-2030)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2026 common-equity issuance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.10B vs. cons $1.10B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Wisconsin very-large-customer load in the current plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.9 GW vs. cons 3.9 GW (through 2030)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.7,
  "day5_path": "FADE",
  "day5_rationale": "A modest EPS beat and intact large-load execution should produce an initial positive reaction, but unchanged FY2026 EPS, capex, equity, and 3.9-GW load-plan figures imply little out-period estimate uplift; the initial gain should therefore fade from ~1.8% on day 1 toward ~0.7% cumulatively by day 5.",
  "day5_confidence": "MEDIUM"
}