{
  "report_rows": [
    {
      "kpi": "2Q26 FFO per diluted share",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.46 vs. cons $0.46",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 same-property NOI growth",
      "prediction": "BEAT",
      "answer": "pred ~2.9% vs. cons 2.8%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2Q26 total revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$549M vs. cons $546M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 FFO per diluted share guidance",
      "prediction": "BETTER",
      "answer": "guide ~$1.835 midpoint ($1.82-$1.85) vs. cons $1.82 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 same-property NOI growth guidance",
      "prediction": "BETTER",
      "answer": "guide ~3.25% midpoint (3.0%-3.5%) vs. cons 3.20% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 credit loss guidance",
      "prediction": "BETTER",
      "answer": "guide ~70 bps vs. cons 78 bps (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Cash rent from signed-lease commencements",
      "prediction": "UNCHANGED",
      "answer": "guide ~$31M vs. cons $31M (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.3,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.8,
  "day5_path": "STABILIZE",
  "day5_rationale": "Day-5 residual ~+0.8% vs. day-1 residual ~+1.3%: modest NOI and guidance upside should support estimates, but an approximately $1.835 FFO-guide midpoint implies only about $0.915 of second-half FFO after predicted first-half FFO of ~$0.92, limiting out-period revisions and causing partial consolidation rather than strong follow-through.",
  "day5_confidence": "MEDIUM"
}