Fortrea Holdings Inc. (FTRE) Reports Q2 Loss, Lags Revenue Estimates
FTREFortrea (FTRE) ZACKS·2024-08-12 21:26

Fortrea Holdings Inc. (FTRE) came out with a quarterly loss of 0.03pershareversustheZacksConsensusEstimateof0.03 per share versus the Zacks Consensus Estimate of 0.07. This compares to earnings of 0.52pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−142.860.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -142.86%. A quarter ago, it was expected that this company would post a loss of 0.01 per share when it actually produced a loss of $0.04, delivering a surprise of -300%.Over the last four quarters, the company has surpass ...