Fortrea falls after downbeat 2026 outlook

Fortrea Holdings

26/02/2026 12:23

** Shares of contract research firm Fortrea Holdings FTRE.O fall 8.22% to $9.49 premarket

** Co expects FY26 revenue of $2.55 billion to $2.65 billion, below analysts' average estimate of $2.74 billion, according to data compiled by LSEG

** Posts Q4 revenue of $660.5 million, compared to estimate of $665.2 million

** FTRE posts Q4 loss of 35 cents per share; analysts were expecting a loss of 14 cents per share

** FTRE shares were down over 7% in 2025

(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))