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FER Ferrovial NV News Story

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Ferrovial rises on Q1 earnings beat

** Madrid-listed shares in Ferrovial FERF.AS rise around 1.6% after the Spanish construction firm reported a Q1 earnings beat

** J.P. Morgan notes Q1 EBITDA reached 321 million euros  ($377.01 million), beating consensus estimates by over nine percent, driven by outperformance in construction and toll road divisions

** JPM adds that it sees upward consensus revisions on the beat, noting the strong performance of US Managed Lanes is "likely to prove particularly welcome"

** Capital Markets also finds the results positive for the stock as figures came above consensus estimates

($1 = 0.8514 euros)

 (Reporting by Marta Serafinko in Gdansk)

 ((marta.serafinko@thomsonreuters.com; +48 58 769 66 00;))

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