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Fortrea (NASDAQ:FTRE) Posts Earnings Results, Beats Estimates By $0.05 EPS
['Kim Johansen']
Markets Daily
Fortrea (NASDAQ:FTRE – Get Free Report) issued its earnings results on Wednesday.
The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05, FiscalAI reports.
Fortrea Stock Up 0.1%NASDAQ FTRE traded up $0.02 during trading hours on Wednesday, reaching $20.72.
Park West Asset Management LLC bought a new position in shares of Fortrea in the 3rd quarter worth about $18,579,000.
Zacks Research raised shares of Fortrea from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th.