Fortrea Holdings Inc.

NasdaqGS:FTRE Stock Report

Market Cap: US$3.2b

Fortrea Holdings Future Growth

Future criteria checks 3/6

Fortrea Holdings is forecast to grow earnings and revenue by 46.1% and 2.6% per annum respectively. EPS is expected to grow by 46.2% per annum. Return on equity is forecast to be 9.4% in 3 years.

Key information

46.1%

Earnings growth rate

46.2%

EPS growth rate

Life Sciences earnings growth16.4%
Revenue growth rate2.6%
Future return on equity9.4%
Analyst coverage

Good

Last updated02 May 2024

Recent future growth updates

Recent updates

Fortrea: High Risk And Low Upside Potential

Feb 13

Fortrea Holdings Inc.'s (NASDAQ:FTRE) Low P/S No Reason For Excitement

Feb 08
Fortrea Holdings Inc.'s (NASDAQ:FTRE) Low P/S No Reason For Excitement

Fortrea Holdings' (NASDAQ:FTRE) Soft Earnings Are Actually Better Than They Appear

Nov 23
Fortrea Holdings' (NASDAQ:FTRE) Soft Earnings Are Actually Better Than They Appear

Earnings and Revenue Growth Forecasts

NasdaqGS:FTRE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,2711271462415
12/31/20253,164831352028
12/31/20243,080-16971168
12/31/20233,109-3127167N/A
9/30/20233,09566134183N/A
6/30/20233,081140202263N/A
3/31/20233,08117892152N/A
12/31/20223,0961933388N/A
12/31/20213,05898143170N/A
12/31/20202,580-359177201N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FTRE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: FTRE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FTRE is expected to become profitable in the next 3 years.

Revenue vs Market: FTRE's revenue (2.6% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: FTRE's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FTRE's Return on Equity is forecast to be low in 3 years time (9.4%).


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