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Fortrea reports Q3 adjusted EPS 12c, consensus 16c

Reports Q3 revenue $701.3M, consensus $643.24M. “Fortrea (FTRE) delivered a solid performance that met expectations in the Q3 by partnering with our clients and advancing the development of potentially life-changing treatments for patients,” said Anshul Thakral, CEO of Fortrea. “I’m pleased with how our strong team moved quickly through our leadership transition without missing a beat. I have spent my first few months connecting with clients and meeting with colleagues across the globe to build a holistic view of Fortrea today. I am confident that we have the global footprint, differentiated capabilities, therapeutic expertise, technology and innovation needed to deliver on our goals. We are committed to executing our plans with operational, commercial and financial excellence.”

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