Fortrea Holdings Inc

FTRE: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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