{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q2'26)",
      "prediction": "MISS",
      "answer": "pred ~$0.95 vs. cons $1.03",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Macau Adjusted Property EBITDAR",
      "prediction": "MISS",
      "answer": "pred ~$205M vs. cons $235M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Las Vegas Adjusted Property EBITDAR",
      "prediction": "IN-LINE",
      "answer": "pred ~$256M vs. cons $258M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Wynn Al Marjan Island (UAE) opening timeline",
      "prediction": "LOWER",
      "answer": "guide ~mid/late-2028 opening vs. cons expectation of spring 2027 (full-project timeline, disclosed Q2'26 call)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Cotai Expanded Resort / Enclave tower capex guidance (FY2026-2030 cumulative)",
      "prediction": "LOWER",
      "answer": "guide ~$1.0B-$1.1B total incl. $80.8M land premium vs. cons prior estimate of ~$900-950M (multi-year capex through completion)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Encore Boston Harbor EBITDAR trend (Q3'26 outlook commentary)",
      "prediction": "LOWER",
      "answer": "guide ~$48-52M run-rate vs. cons ~$55M (Q3 2026 outlook)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "Macau GGR deterioration in June/July was already partly known, but a confirmed UAE delay quantification plus incremental multi-year Cotai capex commitment (land premium + Enclave tower spend) push analysts to trim out-year EBITDA/FCF and raise leverage/funding concerns; Las Vegas comps get harder into H2 2026 (lapping record 2025), so post-print estimate revisions for FY26/27 likely skew down even if Q2 print itself is only modestly below consensus, driving continued downward drift over the following days rather than a snap-back.",
  "day5_confidence": "MEDIUM"
}