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Labcorp(LH) - 2025 Q2 - Earnings Call Presentation
2025-07-24 13:00
Financial Performance - Q2 2025 - Total Adjusted EBITDA for Q2 2025 was $627.8 million[6], compared to $574.6 million in Q2 2024[6], an increase - The company's Q2 2025 revenue, as reported, reached $3.5273 billion[21], a 9.5% increase year-over-year from $3.2209 billion in Q2 2024[21] - Adjusted earnings per share for Q2 2025 was $4.35[23], compared to $3.94 in Q2 2024[23] Revenue Breakdown and Growth - Enterprise revenue, as reported, for Q2 2025 was $3.527 billion[8], reflecting a 9.5% year-over-year growth[8] - Diagnostics Laboratories revenue, as reported, for Q2 2025 was $2.749 billion[8], showing an 8.9% year-over-year growth[8] - Biopharma Laboratory Services revenue, as reported, for Q2 2025 was $785 million[8], a significant 11% increase year-over-year[8] Outlook for 2025 - The company projects full-year 2025 revenue for Labcorp Enterprise to be between $13.98 billion and $14.13 billion[18], representing a 7.5% to 8.6% increase versus 2024 results[18] - The company anticipates adjusted EPS for 2025 to be in the range of $16.05 to $16.50[18], a 10.1% to 13.2% increase compared to 2024[18] Biopharma Laboratory Services Metrics - The Trailing Twelve Month (TTM) Net Orders ending June 30, 2025, for Biopharma Laboratory Services reached $3.34 billion[17], with a Net Book-to-Bill ratio of 1.11x[17] - As of June 30, 2025, the backlog for Biopharma Laboratory Services was $8.71 billion[17], with an estimated $2.71 billion expected to convert to revenue in the next twelve months[17]
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTRE
GlobeNewswire News Room· 2025-07-02 15:15
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortrea Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 1, 2025, and the potential for compensation through a contingency fee arrangement [1][2]. Group 1: Class Action Details - Investors who bought Fortrea securities between July 3, 2023, and February 28, 2025, may be eligible to join a class action lawsuit without upfront costs [1][2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [2][6]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Allegations Against Fortrea - The lawsuit alleges that Fortrea made false and misleading statements regarding its revenue projections and cost savings, leading to inflated EBITDA targets for 2025 [4]. - The claims suggest that Fortrea's business model and financial prospects were overstated, resulting in investor damages when the true information became public [4].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTRE
GlobeNewswire News Room· 2025-06-29 13:54
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortrea Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 1, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - Investors who bought Fortrea securities between July 3, 2023, and February 28, 2025, may be eligible to join a class action lawsuit [1][2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [2][6]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Allegations Against Fortrea - The lawsuit alleges that Fortrea made false and misleading statements regarding its revenue projections and cost savings, leading to inflated EBITDA targets for 2025 [4]. - The claims suggest that Fortrea's business model and financial prospects were overstated, resulting in investor damages when the true information became public [4].
Adaptive Biotechnologies (ADPT) Surges 12.5%: Is This an Indication of Further Gains?
ZACKS· 2025-06-26 14:51
Company Overview - Adaptive Biotechnologies (ADPT) shares increased by 12.5% to close at $11.98, with a notable trading volume compared to normal sessions, and a total gain of 16.5% over the past four weeks [1][2] Financial Performance - The company is expected to report a quarterly loss of $0.24 per share, reflecting a year-over-year change of +7.7%, while revenues are projected to be $49.7 million, an increase of 15.1% from the same quarter last year [3] - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Adaptive Biotechnologies operates within the Zacks Medical - Biomedical and Genetics industry, where another company, Fortrea Holdings Inc. (FTRE), experienced a 2.4% decline to $5.19, despite a 28% return over the past month [5] - Fortrea Holdings Inc. has a consensus EPS estimate of $0.06 for the upcoming report, representing a significant year-over-year change of +300%, and currently holds a Zacks Rank of 2 (Buy) [6]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTRE
GlobeNewswire News Room· 2025-06-25 18:44
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortrea Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 1, 2025, and the potential for compensation without out-of-pocket costs [1][2] Group 1: Class Action Details - The class action lawsuit against Fortrea Holdings alleges that the company made false and misleading statements regarding its revenue projections and cost savings, leading to inflated EBITDA targets for 2025 [4] - Investors who purchased Fortrea securities between July 3, 2023, and February 28, 2025, may be eligible for compensation [1][4] - A lead plaintiff must file a motion with the court by August 1, 2025, to represent other class members in the litigation [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [3]
Exelixis, Inc. (EXEL) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2025-06-24 14:15
Company Performance - Exelixis shares have increased by 30.2% since the beginning of the year, outperforming the Zacks Medical sector, which declined by 5.1%, and the Zacks Medical - Biomedical and Genetics industry, which fell by 4.2% [1] - The stock recently reached a 52-week high of $49.62, with a monthly increase of 2.3% [1] Earnings and Revenue Expectations - For the current fiscal year, Exelixis is projected to report earnings of $2.61 per share on revenues of $2.34 billion, reflecting a 30.5% increase in EPS and a 7.94% increase in revenues [3] - For the next fiscal year, earnings are expected to rise to $3.03 per share on revenues of $2.65 billion, indicating year-over-year changes of 16.13% in EPS and 13.22% in revenues [3] Valuation Metrics - Exelixis has a Value Score of B, a Growth Score of A, and a Momentum Score of A, resulting in a combined VGM Score of A [6] - The stock trades at 16.6X current fiscal year EPS estimates, below the peer industry average of 19.4X, and at 22.5X trailing cash flow, compared to the peer group's average of 14.6X [7] - The PEG ratio stands at 0.79, indicating that while the stock is not in the top echelon from a value perspective, it still presents a reasonable valuation [7] Zacks Rank - Exelixis holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, which suggests potential for further price appreciation [8] Industry Context - The Medical - Biomedical and Genetics industry is performing well, ranking in the top 35% of all industries, providing favorable conditions for both Exelixis and its peer, Fortrea Holdings Inc. [11]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Fortrea Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FTRE
GlobeNewswire News Room· 2025-06-13 14:18
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fortrea Holdings, Inc. securities during the specified class period of the upcoming lead plaintiff deadline on August 1, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - The class action lawsuit has been filed against Fortrea Holdings, alleging that the company made false and misleading statements regarding its revenue projections and cost savings, which inflated its EBITDA targets for 2025 [4]. - Investors who purchased Fortrea securities between July 3, 2023, and February 28, 2025, may be eligible for compensation [1][4]. - A lead plaintiff must file a motion with the court by August 1, 2025, to represent other class members in the litigation [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [3].
Illumina (ILMN) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 23:00
Core Insights - Illumina reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and significantly up from $0.09 per share a year ago, indicating a strong performance [1] - The company generated revenues of $1.04 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.25%, although this represents a decline from $1.08 billion in the same quarter last year [2] - Illumina has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates four times in the same period [2] Earnings and Future Outlook - The sustainability of Illumina's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $1.06 billion, while for the current fiscal year, the estimate is $4.43 on revenues of $4.31 billion [7] - The estimate revisions trend for Illumina is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Illumina belongs, is currently in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Earnings Preview: Oculis Holding AG (OCS) Q1 Earnings Expected to Decline
ZACKS· 2025-05-07 15:06
Company Overview - Oculis Holding AG (OCS) is expected to report a year-over-year decline in earnings with a projected loss of $0.51 per share, reflecting a change of -15.9% compared to the previous year [3] - Revenues are anticipated to remain flat at $0.22 million, unchanged from the year-ago quarter [3] Earnings Expectations - The consensus EPS estimate has been revised 5.01% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Oculis is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -7.32%, suggesting a bearish outlook on earnings prospects [10][11] Historical Performance - Oculis has not been able to beat consensus EPS estimates in any of the last four quarters, with the last reported quarter showing a surprise of -58.33% [12][13] Market Reaction - The stock may experience upward movement if the actual results exceed expectations, while a miss could lead to a decline [2] - The combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict an earnings beat for Oculis [11][16]
Labcorp(LH) - 2025 Q1 - Earnings Call Presentation
2025-04-29 15:35
Each of the forward-looking statements is subject to change based on various important factors, many of which are beyond the company's control, including without limitation: (i) the effect of the holding company reorganization on the company's business generally; (ii) the failure to receive tax-free treatment with respect to the spin-off of the company's Clinical Development and Commercialization Services business, now Fortrea Holdings Inc. for U.S. federal income purposes; (iii) the impact of spin-off rela ...