Fortrea Holdings Future Growth
Future criteria checks 3/6
Fortrea Holdings is forecast to grow earnings and revenue by 80.3% and 1.9% per annum respectively. EPS is expected to grow by 72.7% per annum. Return on equity is forecast to be 8.4% in 3 years.
Key information
80.3%
Earnings growth rate
72.7%
EPS growth rate
Life Sciences earnings growth | 17.7% |
Revenue growth rate | 1.9% |
Future return on equity | 8.4% |
Analyst coverage | Good |
Last updated | 14 Aug 2024 |
Recent future growth updates
Recent updates
Would Fortrea Holdings (NASDAQ:FTRE) Be Better Off With Less Debt?
Aug 16Fortrea Holdings: Still Many Question Marks On This CRO Play
May 12Fortrea: High Risk And Low Upside Potential
Feb 13Fortrea Holdings Inc.'s (NASDAQ:FTRE) Low P/S No Reason For Excitement
Feb 08Fortrea Holdings' (NASDAQ:FTRE) Soft Earnings Are Actually Better Than They Appear
Nov 23Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 2,890 | 17 | 181 | 205 | 8 |
12/31/2025 | 2,756 | 25 | 144 | 161 | 11 |
12/31/2024 | 2,702 | -112 | 0 | 29 | 10 |
6/30/2024 | 3,015 | -215 | 232 | 267 | N/A |
3/31/2024 | 3,077 | -91 | 110 | 144 | N/A |
12/31/2023 | 3,109 | -3 | 127 | 167 | N/A |
9/30/2023 | 2,957 | 53 | 128 | 177 | N/A |
6/30/2023 | 2,943 | 127 | 196 | 257 | N/A |
3/31/2023 | 3,011 | 168 | 87 | 146 | N/A |
12/31/2022 | 3,096 | 193 | 33 | 88 | N/A |
12/31/2021 | 3,058 | 98 | 143 | 170 | N/A |
12/31/2020 | 2,580 | -359 | 177 | 201 | N/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 (2.5%).
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 (1.9% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: FTRE's revenue (1.9% 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 (8.4%).