{
  "report_rows": [
    {
      "kpi": "Real Estate FFO/share (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$3.30 vs. cons $3.23",
      "confidence": "HIGH"
    },
    {
      "kpi": "Same-Store NOI Growth YoY (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~5.6% vs. cons 5.1%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Occupancy - Malls & Premium Outlets (Q2 2026)",
      "prediction": "IN-LINE",
      "answer": "pred ~96.3% vs. cons 96.1%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Real Estate FFO/share (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide ~$13.30 mid vs. cons $13.27",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Domestic NOI Growth FY 2026 (qualitative)",
      "prediction": "UNCHANGED",
      "answer": "reiterate 'at least 3%'; tone bullish vs. cons 6.4%",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 5.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH - estimate revisions pull models up on FY guide raise; SS-NOI beat drives upward FY SS-NOI consensus revision",
  "day5_confidence": "MEDIUM"
}