{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.81 vs. cons ~$0.81 (co. guide 17-19% of $4.24 FY = ~$0.72-0.81; PY $0.82 on a mild-summer comp)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Revenue (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.55B vs. cons ~$1.52B (load growth ~7% offsets weather noise)",
      "confidence": "LOW"
    },
    {
      "kpi": "Weather-normalized retail load growth (YoY)",
      "prediction": "BEAT",
      "answer": "pred ~+7% vs. cons ~+6% (data-center energization running ahead of plan)",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.24 midpoint ($4.14-$4.34) vs. cons ~$4.24 (FY2026); reaffirmation expected",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term EPS growth algorithm",
      "prediction": "UNCHANGED",
      "answer": "guide 6-8%+ through 2030 (>8% from 2028) vs. cons ~6-8% (2026-2030), with upward bias noted",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Large-load ESAs signed (sixth ESA / ~3GW pipeline)",
      "prediction": "BETTER",
      "answer": "guide ~6 ESAs vs. cons 5 (2026); mgmt guided 'at least one more in 2026' \u2014 new signing = key catalyst",
      "confidence": "LOW"
    },
    {
      "kpi": "Capital plan / rate-base CAGR",
      "prediction": "UNCHANGED",
      "answer": "guide $21.6B capex, ~12% rate-base CAGR vs. cons ~$21.6B/~12% (2026-2030); IRP upside possible later",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 0.75,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.5,
  "day5_path": "STABILIZE",
  "day5_rationale": "Likely a reaffirm-plus-upbeat-load-narrative print with an in-line, weather/phasing-soft Q2 (guide midpoint ~$0.76 sits below PY $0.82), so there's no fresh upward FY revision to drive follow-through and no clean miss to fade. Out-period math is neutral (implicit soft Q2 offset by strong Q1); low-beta utility with sentiment already cooled ~6% off July highs. Absent a sixth-ESA or capital-plan bump, the small day-1 move stabilizes rather than trends.",
  "day5_confidence": "LOW"
}