Fortrea Holdings Inc
FTRE: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.G | LOCK|r!Kk | LOCK|$&p?Q>@ |
Fortrea Earnings: Strong Bookings Signal Improving Demand Trends
Fortrea reported third-quarter revenue of $691 million, down 1.4% from the prior-year period, while adjusted EBITDA improved by 14% to $58 million. Management raised its 2026 revenue and adjusted EBITDA guidance by 85 basis points and 71 basis points, respectively, at the midpoint.
