0056 GMT - Toll road owner Transurban's FY26 earnings and revenue miss the mark, driving a 2.7% fall in its share price to 14.24 Australian dollars. Still, the distribution guidance of A$0.72/share for FY27 was in line with expectations and above the FY26 payout of A$0.69/share. "Importantly, management disclosed that free cash coverage is expected to be slightly below the normal 95-105% target range due to the M5 West ownership changes," Jefferies analyst Amit Kanwatia says. That suggests management is prioritizing growth in the dividend during a transitional earnings period, Jefferies says. It had a hold call and A$13.69/share price target on Transurban ahead of the FY26 result.