NYSE$FTRE

Fortrea Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Fortrea reported Q4 2024 revenue of $697.0M, a net loss of $73.9M, diluted EPS of $-0.82.

For Q4 2024, Fortrea reported Revenue was $697.0M, net loss was $73.9M, diluted EPS was $-0.82. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $697.0M for Q4 2024.
  • Net loss $73.9M.
  • Diluted EPS $-0.82.

Headline financials

Total Revenue

$697M

Previous: $775M-10.1%
EPS (adj)

-$0.82

Previous: $0.19-531.6%
Capital Expenditures

$3.2M

Previous: -$9.4M+134.0%
Free Cash Flow

$237M

No prior period
Net Income

-$73.9M

Previous: -$36M-105.3%
Operating Income

-$55.6M

Previous: -$3.1M-1693.5%
Gross Profit

$120M

Previous: $95.8M+25.4%

Revenue & EPS history

Fortrea · Revenue · Quarterly

$697M

Q4 2024-10.1%vs Q4 2023
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Forward guidance

Outlook emphasizes cost discipline, liquidity, and path to profitability.

Tailwinds

  • Management outlines strategic priorities and efficiency actions.
  • Segment commentary supports the operating narrative.

Headwinds

  • Losses may continue until scale or pricing improve.
  • Macro or input costs can pressure margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.3%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.5%

Avg return

30 days after

53%

8 / 15 earnings

Positive

+26.0%

Q3 2024

Best reaction

-25.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+18.5%+25.9%+40.5%
Q4 2025+4.9%+1.4%-12.3%
Q3 2025+23.4%+15.3%+46.8%
Q1 2025-15.6%-27.8%-11.7%
Q4 2024-25.1%-22.9%-45.8%
Q3 2024+26.0%+17.9%+20.1%
Q2 2024-11.7%-11.4%-18.4%
Q1 2023-1.9%-3.9%-9.9%
Q1 2024-12.7%-16.6%-24.8%
Q4 2021+3.0%+4.9%+2.7%
Q4 2023+3.2%+6.7%+6.0%
Q3 2022+15.1%-6.6%-4.0%
Q3 2023+15.1%+13.0%+14.1%
Q2 2022-11.3%+6.7%+9.5%
Q2 2023-11.3%-14.9%-5.9%
Q1 2022

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