{
  "report_rows": [
    {
      "kpi": "Q2 2026 Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.08 vs. cons $1.01 (Q2'26; PY $0.89)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Sempra Texas (Oncor) segment earnings",
      "prediction": "BEAT",
      "answer": "pred ~$300M vs. cons ~$260M (PY $208M; rate-case catch-up surcharge back to Jan 1)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 Revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.16B vs. cons $3.14B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirm $4.80\u2013$5.30 (mid ~$5.05) vs. cons $5.06 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2027 Adjusted EPS guidance",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirm $5.10\u2013$5.70 (mid ~$5.40) vs. cons $5.42 (FY2027)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Long-term EPS growth rate",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirm 7\u20139% vs. cons ~7\u20139% (thru 2029)",
      "confidence": "HIGH"
    },
    {
      "kpi": "SI Partners (KKR 45%) sale close timing",
      "prediction": "LOWER",
      "answer": "guide ~Q3 2026 close vs. cons ~Q2\u2013Q3 2026 (timing drift confirmed w/ CFO transition)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Texas incremental CapEx bucket update",
      "prediction": "UNKNOWN",
      "answer": "guide potential +$9\u201310B add vs. cons ~$0 quantified (2026\u20132030 out-period)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 1.8,
  "day1_confidence": "LOW",
  "day5_residual_pct": 0.5,
  "day5_path": "FADE",
  "day5_rationale": "Likely EPS/Texas beat is driven by the one-time Oncor rate-case catch-up surcharge (Jan 1 back-recognition) while FY2026/2027 guides are only reaffirmed \u2014 implicit out-period math means H2 is a touch lighter, so no upward revisions follow the beat. Initial relief bounce on a beaten-up, low-positioning name fades as the SI close slips to Q3, the CFO transition adds overhang, and any incremental Texas CapEx update stays qualitative.",
  "day5_confidence": "LOW"
}