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Fortrea Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call
GlobeNewswire News Room· 2025-01-30 12:00
DURHAM, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today announced that it will release its fourth quarter and full year 2024 financial results before the market opens on Monday, March 3, 2025. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Inve ...
Fortrea: Turning Around As The Activists Move In
Seeking Alpha· 2024-12-26 09:30
While investors in 2024 were busy chasing the latest hot tech stock, other sectors, such as healthcare, have fallen behind. But you can make a case there is just as much innovation in healthcare as in tech, andTipranks.com shows stock returns from my articles have averaged over 31% over a one year period. I was the Credit Manager for a mid-sized publicly traded bank and retired early in 2013 due to success in the stock market. Despite never working in the industry, I took and passed the CFA Level 1 exam. I ...
Fortrea to Present at the Citi Global Healthcare Conference
GlobeNewswire News Room· 2024-11-26 21:15
DURHAM, N.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that Chairman and Chief Executive Officer, Tom Pike and Chief Financial Officer, Jill McConnell will present at the Citi Global Healthcare Conference on Wednesday, December 4, 2024 at 1:45 pm ET. The live webcast will be available to investors and other interested parties by accessing the Fortrea Investor Relations website. A webcast replay will be available after th ...
Fortrea to Present at the Evercore HealthCONx Conference
GlobeNewswire News Room· 2024-11-26 21:15
DURHAM, N.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that Chairman and Chief Executive Officer, Tom Pike and Chief Financial Officer, Jill McConnell will present at the Evercore HealthCONx Conference on Thursday, December 5, 2024 at 10:00 am ET. The live webcast will be available to investors and other interested parties by accessing the Fortrea Investor Relations website. A webcast replay will be available after the e ...
Fortrea (FTRE) - 2024 Q3 - Quarterly Report
2024-11-08 22:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-41704 FORTREA HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 92-2796441 | --- | --- | --- ...
Fortrea (FTRE) - 2024 Q3 - Earnings Call Transcript
2024-11-08 16:21
Fortrea Holdings, Inc. (NASDAQ:FTRE) Q3 2024 Earnings Conference Call November 8, 2024 8:00 AM ET Company Participants Hima Inguva - Head, IR & Corporate Development Tom Pike - CEO Jill McConnell - CFO Conference Call Participants Eric Coldwell - Baird Patrick Donnelly - Citi Justin Bowers - DB Luke Sergott - Barclays David Windley - Jefferies Elizabeth Anderson - Evercore Max Smock - William Blair Will Ortmayer - Goldman Sachs John Kim - Bank of America Operator Ladies and gentlemen, thank you for standing ...
Fortrea Holdings Inc. (FTRE) Lags Q3 Earnings Estimates
ZACKS· 2024-11-08 13:45
Fortrea Holdings Inc. (FTRE) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.81%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced a loss of $0.03, delivering a surprise of -142.86%.Over the last four quarters, the c ...
Fortrea (FTRE) - 2024 Q3 - Earnings Call Presentation
2024-11-08 13:30
Q3 2024 Earnings Presentation 11.08.2024 Learn more at fortrea.com. ©2024 Fortrea Inc. All rights reserved. Fortrea Q3'2024 Earnings presentation ✈ Fortrea FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Forward-Looking Statements Disclosure. Certain information in this presentation contains "forward-looking" statements. You should not place undue reliance on these statements. Forward-looking statements include information concerning our possible or assumed future results of operations, including d ...
Fortrea (FTRE) - 2024 Q3 - Quarterly Results
2024-11-08 11:36
Exhibit 99.1 ✈ Fortrea Fortrea Reports Third Quarter 2024 Results For the three months ended September 30, 2024, from continuing operations: • Revenues of $674.9 million • GAAP net loss of $(18.5) million • Adjusted EBITDA of $64.2 million • GAAP and adjusted net income (loss) per diluted share of $(0.21) and $0.23, respectively • Book-to-bill ratio of 1.23x, resulting in 1.15x book-to-bill for the trailing 12 months DURHAM, N.C., November 8, 2024— Fortrea (Nasdaq: FTRE) (the "Company"), a leading global co ...
Fortrea Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-08 11:30
For the three months ended September 30, 2024, from continuing operations: Revenues of $674.9 millionGAAP net loss of $(18.5) millionAdjusted EBITDA of $64.2 millionGAAP and adjusted net income (loss) per diluted share of $(0.21) and $0.23, respectivelyBook-to-bill ratio of 1.23x, resulting in 1.15x book-to-bill for the trailing 12 months DURHAM, N.C., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (“CRO”), today reported financial r ...