Fortrea shares are trading lower after the company reported a year-over-year decrease in Q2 adjusted EPS and sales results.
Portfolio Pulse from Benzinga Newsdesk
Fortrea reported a year-over-year decrease in Q2 adjusted EPS and sales results, leading to a drop in its share price.
August 14, 2023 | 12:57 pm
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Fortrea's lower Q2 earnings and sales results have negatively impacted its stock price.
Fortrea's Q2 results, which show a year-over-year decrease in adjusted EPS and sales, have led to a decrease in its stock price. This is because these results are a key indicator of the company's financial health and profitability, and a decrease in these figures is often viewed negatively by investors.
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