Fortrea Holdings Inc
NASDAQ:FTRE
Income Statement
Earnings Waterfall
Fortrea Holdings Inc
Revenue
|
3.1B
USD
|
Cost of Revenue
|
-2.6B
USD
|
Gross Profit
|
520.4m
USD
|
Operating Expenses
|
-433m
USD
|
Operating Income
|
87.4m
USD
|
Other Expenses
|
-90.8m
USD
|
Net Income
|
-3.4m
USD
|
Income Statement
Fortrea Holdings Inc
Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|
Revenue | |||||
Revenue |
3 860
N/A
|
4 653
+21%
|
5 430
+17%
|
3 109
-43%
|
|
Gross Profit | |||||
Cost of Revenue |
(3 084)
|
(3 733)
|
(4 380)
|
(2 589)
|
|
Gross Profit |
777
N/A
|
920
+18%
|
1 049
+14%
|
520
-50%
|
|
Operating Income | |||||
Operating Expenses |
(473)
|
(579)
|
(683)
|
(433)
|
|
Selling, General & Administrative |
(358)
|
(439)
|
(518)
|
(337)
|
|
Depreciation & Amortization |
(116)
|
(141)
|
(165)
|
(96)
|
|
Operating Income |
303
N/A
|
341
+12%
|
367
+8%
|
87
-76%
|
|
Pre-Tax Income | |||||
Interest Income Expense |
(6)
|
(2)
|
(37)
|
(69)
|
|
Non-Reccuring Items |
(42)
|
(45)
|
(57)
|
(24)
|
|
Total Other Income |
3
|
3
|
7
|
7
|
|
Pre-Tax Income |
258
N/A
|
297
+15%
|
279
-6%
|
1
-100%
|
|
Net Income | |||||
Tax Provision |
(48)
|
(58)
|
(54)
|
(5)
|
|
Income from Continuing Operations |
210
|
239
|
226
|
(3)
|
|
Net Income (Common) |
210
N/A
|
239
+13%
|
226
-5%
|
(3)
N/A
|
|
EPS (Diluted) |
2.38
N/A
|
2.7
+13%
|
2.55
-6%
|
-0.04
N/A
|