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Fortrea (FTRE) Earnings Date, Estimates & Call Transcripts

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$19.34 -0.86 (-4.26%)
(As of 11/15/2024 ET)

Fortrea Latest Earnings Summary

Upcoming Q4
Earnings Date
Mar. 10Estimated
Actual EPS
(Nov. 8)
$0.23 Missed By -$0.02
Consensus EPS
(Nov. 8)
$0.25

Fortrea issued Q3 2024 earnings on November 8, 2024, reporting an EPS of $0.23, which missed analysts' consensus estimates of $0.25 by $0.02. Quarterly revenue fell 5.4% year-over-year to $674.90 million, above analysts' expectations of $674.86 million. With a trailing EPS of -$3.42, Fortrea's earnings are expected to grow 147.37% next year, from $0.57 to $1.41 per share.

FTRE Upcoming Earnings

Fortrea's next earnings date is estimated for Monday, March 10, 2025, based off prior year's reporting schedules.

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FTRE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FTRE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Fortrea Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241-$0.10-$0.10-$0.10
Q2 20241$0.18$0.18$0.18
Q3 20241$0.26$0.26$0.26
Q4 20241$0.38$0.38$0.38
FY 20244$0.72$0.72$0.72
Q1 20251$0.26$0.26$0.26
Q2 20251$0.33$0.33$0.33
Q3 20251$0.40$0.40$0.40
Q4 20251$0.47$0.47$0.47
FY 20254$1.46$1.46$1.46

Fortrea Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
3/10/2025
(Estimated)
------- 
11/8/2024Q3 2024$0.25$0.23 -$0.02$0.77$674.86M$674.90M          
8/12/2024Q2 2024$0.07-$0.03 -$0.10$1.49$689.08M$662.40M          
5/13/2024Q1 2024--$0.04 -$0.04$1.07$754.58M$662.10M        
3/11/2024Q4 2023$0.23$0.19 -$0.04$0.79$779.09M$775.40M          
11/13/2023Q3 2023$0.16$0.24+$0.08$0.63$748.90M$776.40M      
8/14/2023Q2 2023$0.39$0.52+$0.13$0.72-$793.00M    

Fortrea Earnings - Frequently Asked Questions

Fortrea has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, March 10th, 2025 based off last year's report dates. Learn more on FTRE's earnings history.

Fortrea updated its FY 2024 earnings guidance on Friday, November, 8th. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

In the previous quarter, Fortrea (NASDAQ:FTRE) missed the analysts' consensus estimate of $0.25 by $0.02 with a reported earnings per share (EPS) of $0.23. Learn more on analysts' earnings estimate vs. FTRE's actual earnings.

The conference call for Fortrea's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Fortrea's latest earnings report can be read online.
Read Transcript

Fortrea's earnings report can be found in their filing with the SEC.
View SEC filing

Fortrea (NASDAQ:FTRE) has a recorded annual revenue of $3.11 billion.

Fortrea (NASDAQ:FTRE) has a recorded net income of -$3.40 million. FTRE has generated -$3.42 earnings per share over the last four quarters.

Fortrea (NASDAQ:FTRE) has a forward price-to-earnings ratio of 33.93. The price/earnings-to-growth ratio is 2.92.

Fortrea's earnings are expected to grow from $0.57 per share to $1.41 per share in the next year, which is a 147.37% increase.

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This page (NASDAQ:FTRE) was last updated on 11/17/2024 by MarketBeat.com Staff
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