BUZZ-Fortrea tumbles on weak 2025 revenue forecast
ReutersMar 3, 2025 1:43 PM
Contract research firm Fortrea Holdings' FTRE.O shares fall 14.9% to $11.79 premarket
Co forecasts 2025 revenue in the range of $2.45 bln to $2.55 bln, lower than analysts' average estimate of $2.73 bln as per data compiled by LSEG
FTRE posts Q4 revenue of $697 mln, missing analysts' average estimate of $703.2 mln
Stock has fallen 63% in the past 12 months
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