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Fortrea Holdings (FRA:K67) Other Income (Expense) : €-16 Mil (TTM As of Mar. 2024)


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What is Fortrea Holdings Other Income (Expense)?

Fortrea Holdings's other income expense for the Fortrea Holdings's pretax income for the three months ended in Mar. 2024 was €-7 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-16 Mil.

Fortrea Holdings Other Income (Expense) Historical Data

The historical data trend for Fortrea Holdings's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortrea Holdings Other Income (Expense) Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
-357.32 1.42 -36.82 -15.13

Fortrea Holdings Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.95 1.75 -8.34 -3.12 -6.72

Fortrea Holdings Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortrea Holdings  (FRA:K67) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Fortrea Holdings (FRA:K67) Business Description

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Traded in Other Exchanges
FTRE:USA
Address
8 Moore Drive, Durham, NC, USA, 27709
Website
https://www.fortrea.com
Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after LabCorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.

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