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Fortrea (FTRE) Earnings Date, Estimates & Call Transcripts

$26.92
+0.70 (+2.67%)
(As of 07/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 12
Before Market Opens
Confirmed
Actual EPS
(May. 13)
-$0.04 Missed By -$0.04
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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 EstimateCompany Guidance
Q1 20241($0.10)($0.10)($0.10) 
Q2 20241$0.18$0.18$0.18 
Q3 20241$0.41$0.41$0.41 
Q4 20241$0.54$0.54$0.54 
FY 20244$1.03$1.03$1.03 
Q1 20251$0.36$0.36$0.36 
Q2 20251$0.40$0.40$0.40 
Q3 20251$0.58$0.58$0.58 
Q4 20251$0.64$0.64$0.64 
FY 20254$1.98$1.98 $1.98

FTRE Earnings Date and Information

Fortrea last released its quarterly earnings results on May 13th, 2024. The reported ($0.04) EPS for the quarter. The firm earned $662.10 million during the quarter, compared to analyst estimates of $754.58 million. Its revenue was down 4.6% on a year-over-year basis. Fortrea has generated ($1.39) earnings per share over the last year (($1.39) diluted earnings per share). Earnings for Fortrea are expected to grow by 130.56% in the coming year, from $0.72 to $1.66 per share. Fortrea has confirmed that its next quarterly earnings report will be published on Monday, August 12th, 2024. Fortrea will be holding an earnings conference call on Monday, August 12th at 9:00 AM Eastern. Interested parties can register for or listen to the call..

Fortrea Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/12/2024
(Confirmed)
-------  
5/13/2024Q1 2024-($0.04)($0.04)$1.07$754.58 million$662.10 million    
3/11/2024Q4 2023$0.23$0.19($0.04)$0.79$779.09 million$775.40 million      
11/13/2023Q3 2023$0.16$0.24+$0.08$0.63$748.90 million$776.40 million    
8/14/2023Q2 2023$0.39$0.52+$0.13$0.72-$793.00 million  

Fortrea Earnings - Frequently Asked Questions

When is Fortrea's earnings date?

Fortrea has confirmed that its next quarterly earnings data will be published on Monday, August 12th, 2024. Learn more on FTRE's earnings history.

What guidance has Fortrea issued on next quarter's earnings?

Fortrea updated its FY 2024 earnings guidance on Monday, May, 13th. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $3.1 billion.

How can I listen to Fortrea's earnings conference call?

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

How can I read Fortrea's conference call transcript?

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

How much revenue does Fortrea generate each year?

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

How much profit does Fortrea generate each year?

Fortrea (NASDAQ:FTRE) has a recorded net income of -$3.40 million. FTRE has generated -$1.39 earnings per share over the last four quarters.

What is Fortrea's price-to-earnings ratio?

Fortrea (NASDAQ:FTRE) has a forward price-to-earnings ratio of 37.39. The price/earnings-to-growth ratio is 2.64.

What is Fortrea's EPS forecast for next year?

Fortrea's earnings are expected to grow from $0.72 per share to $1.66 per share in the next year, which is a 130.56% increase.


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This page (NASDAQ:FTRE) was last updated on 7/27/2024 by MarketBeat.com Staff

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