{
  "report_rows": [
    {
      "kpi": "Q2 2026 AFFO per share",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.10 vs. cons $1.09",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.52B vs. cons $1.50B",
      "confidence": "LOW"
    },
    {
      "kpi": "Q2 2026 investment volume",
      "prediction": "BEAT",
      "answer": "pred ~$2.60B vs. cons $2.40B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "2026 AFFO per share guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.43 vs. cons $4.43 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Investment-volume guidance",
      "prediction": "BETTER",
      "answer": "guide ~$10.0B vs. cons $9.5B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Same-store rental-growth guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~1.15% vs. cons 1.15% (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 1.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.3,
  "day5_path": "FADE",
  "day5_rationale": "The initial +1.2% residual fades toward +0.3% because an unchanged ~$4.43 AFFO midpoint versus ~$4.43 consensus leaves implied second-half AFFO near ~$2.20 versus ~$2.20 expected, producing little upward estimate revision despite stronger investment volume.",
  "day5_confidence": "MEDIUM"
}