Fortrea Holdings Inc
FTRE: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@b | LOCK|b@P#^ | LOCK|B>C?ttF |
Fortrea Earnings: Guidance Raised Upon More Optimistic Outlook for the Year; Shares Undervalued
Fortrea delivered second-quarter revenue of $710 million, representing a 7% increase compared with the prior-year period. Management raised its 2025 revenue guidance by 6% at the midpoint. Backlog as of quarter end stood at $7.5 billion, and the book/bill ratio for the quarter was 0.79 times.
