Fortrea Holdings Inc
FTRE: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.P | LOCK|w@T# | LOCK|SWpNCL |
Fortrea Earnings: Bookings Strength and Turnaround Progress Support Stronger Near-Term Outlook
Fortrea reported second-quarter revenue of $678 million, down 4.5% from the prior-year period, while adjusted EBITDA improved nearly 7% to roughly $59 million. Management raised its 2026 revenue and adjusted EBITDA guidance by 212 basis points and 366 basis points, respectively, at the midpoint.
