Ferrovial N.V. (FER) earnings on July 28, 2026
Prior outlook: Pessimistic Outcome: Missed
The company's profits fell compared to last year. Despite this, the stock rose during the day and closed up 1.25%.
FER price around the earnings
62.54
Change: +1.2%
2026-07-29, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
No earnings history; negative Q growth (-0.88) expected; negative trend strength; analyst buy disconnected from company numbers.
Context analyzed before publication
- Summary
- Analysts cautious — risk outweighs reward
- Reasoning
- Analysts are pessimistic because they expect negative earnings growth this quarter, and a recent downgrade adds to concerns. The stock has also been underperforming the market.
- Playbook
- The stock has been falling while analysts downgrade their outlook, a combination that historically contexts continued weakness. Without past earnings data to provide confidence, the uncertainty is high.
- Trend
- Expert opinion consistently negative
Analysts
Drivers
-
Analysts
Negative
Citigroup downgraded to Neutral with a $77 target, implying a 20.6% upside but a negative growth outlook.
Evidence
- Analysts covering the stock
- 3
- Average price target
- 76.64
- Lowest price target
- 68.77
- Highest price target
- 91.28
- Upside to price target
- 20.6%
- Quarterly earnings growth
- -87.7%
- Revenue growth
- 5.7%
- Forward EPS
- 1.47
- Trailing EPS
- 1.28
- Analyst moves in the last 60 days
- 1
- Strong buy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- Strong sell: 0
- Strong buy
- 0
- Buy
- 1
- Hold
- 2
- Sell
- 0
- Strong sell
- 0
- May 27, 2026 · Citigroup: Downgrades rating (Buy → Neutral)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
There is no news coverage available for this event.
Technicals
Drivers
-
Technical
Negative
The stock has underperformed the market significantly over the past two weeks and month, with negative trend strength.
Evidence
- Average true range (ATR)
- 1.5%
- Distance to 52-week high
- -13.7%
- 14-day change (14d)
- -3.5%
- 30-day change (33d)
- -8.2%
- 30-day relative strength
- -8.4%
- SPY change (33d)
- +0.2%
- Nearest support
- 63.35
- Nearest resistance
- 63.62
- Volume accumulation ratio (14d / 46d)
- 0.92
Expected move
Drivers
-
Past earnings
Negative
No past earnings history is available, and the expected quarterly earnings are negative, adding uncertainty.
- Implied move
- +1.6%
- Source
- Options chain
There is no history of past earnings reactions available for this asset.
Monitoring and close
What Ferrovial N.V. reported
- Status
- Finished
Ferrovial reports strong H1 2026 results with revenue of €4.7B (+11.3%) and adjusted EBITDA of €746M (+21.6%), driven by U.S. highways.
Sources (5)
- Ferrovial N.V. (FER) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Ferrovial Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
- Ferrovial H1 EPS $0.41 Down From $0.83 YoY, Sales $5.484B (opens in a new tab) — Benzinga
- Ferrovial posts revenue growth in first half of 2026 (opens in a new tab) — Investing.com
- Ferrovial reports strong H1 2026 results (opens in a new tab) — Yahoo
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +1.3%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 3%