{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$1.09 vs. cons $1.06",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Sempra Texas segment earnings (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$290M vs. cons $278M",
      "confidence": "HIGH"
    },
    {
      "kpi": "Sempra Infrastructure segment earnings (Q2 2026)",
      "prediction": "MISS",
      "answer": "pred ~$85M vs. cons $90M",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted EPS guidance",
      "prediction": "LOWER",
      "answer": "guide ~$5.05 midpoint vs. cons $5.12 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "EPS guidance",
      "prediction": "LOWER",
      "answer": "guide ~$5.40 midpoint vs. cons $5.54 (FY2027)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Long-term EPS growth target",
      "prediction": "UNCHANGED",
      "answer": "guide ~8.0% midpoint vs. cons 8.0% (2026-2030)",
      "confidence": "HIGH"
    },
    {
      "kpi": "SI Partners transaction closing",
      "prediction": "UNCHANGED",
      "answer": "guide ~Q3 2026 vs. cons Q3 2026 (closing period)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "ECA LNG substantial completion",
      "prediction": "UNCHANGED",
      "answer": "guide ~Q4 2026 vs. cons Q4 2026 (completion period)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 2.4,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "The initial relief response should reflect the Oncor-driven EPS beat and confirmation of the two transaction milestones, but the beat is largely a prior-period regulatory catch-up. Unchanged FY2026 guidance at ~$5.05 midpoint vs. $5.12 consensus and FY2027 guidance at ~$5.40 midpoint vs. $5.54 consensus leave out-period revision math flat to slightly negative, causing part of the day-1 move to fade.",
  "day5_confidence": "MEDIUM"
}