{
  "report_rows": [
    {
      "kpi": "Non-GAAP Operating EPS (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$0.82 vs. cons $0.79",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Total Revenue (Q2 2026)",
      "prediction": "MISS",
      "answer": "pred ~$2.58B vs. cons $2.68B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "PSE&G Regulated Utility Net Income (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$300M vs. cons $285M",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Non-GAAP Operating EPS Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.28-$4.40 (mid $4.34) vs. cons $4.36 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "2026-2030 EPS CAGR / 5-yr Capital Plan",
      "prediction": "UNCHANGED",
      "answer": "guide ~6-8% CAGR on $24-28B capex vs. cons 7% CAGR on ~$24B (2026-2030)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Large-Load/Data Center Interconnection Queue",
      "prediction": "UNKNOWN",
      "answer": "guide ~12GW vs. cons 11.8GW (as of Q2 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 0.4,
  "day1_confidence": "LOW",
  "day5_residual_pct": -0.9,
  "day5_path": "FADE",
  "day5_rationale": "Q2 EPS beat is likely driven by favorable summer weather/capacity revenue rather than structural upside, and management is expected to simply reaffirm the $4.28-$4.40 FY guidance rather than raise it despite the Q1 beat, limiting out-year estimate revisions. Initial relief rally (stock near 52-week lows, low expectations) fades over the week as attention reverts to PJM RBA cost-allocation uncertainty, NJ rate-case/affordability overhang, and lack of a large-load/data-center queue upgrade, capping upward EPS revisions and reversing part of the day-1 pop.",
  "day5_confidence": "MEDIUM"
}