{
  "report_rows": [
    {
      "kpi": "Q2 2026 Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.62 vs. cons $1.49",
      "confidence": "HIGH"
    },
    {
      "kpi": "Q2 2026 Total Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.44B vs. cons $1.40B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Total Electric Sales (GWh)",
      "prediction": "BEAT",
      "answer": "pred ~9,950 GWh vs. cons 9,722 GWh",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Diluted EPS Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.55-$4.75 (mid $4.65) vs. cons $4.84 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY2026 Weather-Normalized Retail Sales Growth Guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~4%-6% (mid 5%) vs. implied Street run-rate ~9.4% YTD trend (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2025 Rate Case ROE/Outcome Commentary (Docket E-01345A-25-0105)",
      "prediction": "UNKNOWN",
      "answer": "guide ~10.70% APS ask vs. Staff/RUCO 9.00%-9.80% recommended, no ROO expected until (Q4 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.8,
  "day5_path": "STABILIZE",
  "day5_rationale": "A weather-driven EPS/sales beat is largely pre-signaled (positive Earnings ESP, Zacks Buy rank, record spring/summer heat already publicized), so the day-1 pop should be modest rather than explosive. Management is likely to reaffirm (not raise) the $4.55-$4.75 FY26 EPS range since weather tailwinds are viewed as non-recurring and O&M/financing costs still weigh on the framework, capping the case for durable upward estimate revisions. At the same time, the unresolved rate case (ROO not due until late Nov 2026) removes the biggest incremental catalyst that could drive a sustained re-rating either up or down in the immediate week. Net effect: limited follow-through buying and limited give-back, consistent with a stabilize pattern rather than a strong fade or continuation.",
  "day5_confidence": "LOW"
}