Fortrea Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Fortrea Holdings

12/05/2025 14:31

Fortrea Holdings Inc FTRE.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of nine analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -24 cents to 3 cents per share.

Revenue fell 1.6% to $651.30 million from a year ago; analysts expected $608.34 million.

Fortrea Holdings Inc's reported EPS for the quarter was a loss of $6.25​.

The company reported a quarterly loss of $562.9 million.

Fortrea Holdings Inc shares had fallen by 18.5% this quarter and lost 67.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 137.9% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "hold"

Wall Street's median 12-month price target for Fortrea Holdings Inc is $7.00

This summary was machine generated from LSEG data May 12 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.07
0.02
Beat
Dec. 31 2024
0.37
0.18
Missed
Sep. 30 2024
0.25
0.23
Missed
Jun. 30 2024
0.08
-0.03
Missed