Fortrea Holdings Inc. (FTRE) Q3 Earnings and Revenues Surpass Estimates
Fortrea Holdings Inc. (FTRE) reported Q3 earnings of $0.28 per share, beating consensus estimates of $0.24, and revenues of $691.5 million, exceeding expectations by 3.18%. The company has outperformed the market by 50% year-to-date versus the S&P 500's 13.1% gain. However, the stock received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.