Fortrea Shares Drop After Reporting Q3 Results

10:01 AM EDT, 10/29/2026 (MT Newswires) -- Fortrea (FTRE) shares fell more than 10% in early morning trading on Thursday after the company posted its Q3 financial results. The company reported Q3 adjusted diluted EPS of $0.28, up from $0.12 a year earlier. Analysts polled by FactSet expected $0.21. Revenue for the quarter ended Sept. 30 was $691.5 million, down from $701.3 million a year earlier. Analysts expected revenue of $671.6 million. The company narrowed its full-year 2026 revenue guidance to a range of $2.67 billion to $2.69 billion from the previous range of $2.62 billion to $2.69 billion. Analysts expect revenue of $2.66 billion. Price: 23.08, Change: -2.81, Percent Change: -10.84