{
  "report_rows": [
    {
      "kpi": "Q2 2026 diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.72 vs. cons $1.46",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 operating revenue",
      "prediction": "BEAT",
      "answer": "pred ~$1.48B vs. cons $1.40B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 weather-normalized retail sales growth",
      "prediction": "BEAT",
      "answer": "pred ~6.8% vs. cons 5.0%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Weather-normalized diluted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$4.55-$4.75 vs. cons $4.69 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Weather-normalized retail sales growth guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~4.0%-6.0% vs. cons 5.0% (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Adjusted O&M guidance",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.02-$1.04B vs. cons $1.03B (FY2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.2,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 0.7,
  "day5_path": "FADE",
  "day5_rationale": "The initial reaction should reward a roughly $0.26 EPS beat and 6.8% weather-normalized sales growth versus 5.0% expected. However, much of the upside is weather-related, while an unchanged $4.65 guidance midpoint versus $4.69 consensus implies about $0.04 of normalized full-year estimate pressure; limited out-period revisions should therefore fade the day-1 residual from approximately 2.2% to 0.7% by day 5.",
  "day5_confidence": "MEDIUM"
}