Ferrovial N.V. Reports Q3 Revenue Miss Amidst Project Updates
Ferrovial N.V. (FER) reported third-quarter revenue of EUR 2.7 billion, falling short of expectations by approximately EUR 270 million. Despite the revenue miss, the company reported an adjusted EBITDA of $464 million. The report comes alongside updates regarding major infrastructure developments, including the I-24 Southeast Choice Lanes Project and a Ferrovial-led consortium's selection for an $8.9 billion highway project in Georgia. While these large-scale projects signal long-term growth potential, recent analyst sentiment suggests a downward revision for the 2026-2027 earnings outlook.