26.04.2024 13:56:43 - dpa-AFX: Roper Technologies Raises Full-year Outlook
WASHINGTON (dpa-AFX) - Roper Technologies Inc. (ROP) Friday raised its
full-year earnings outlook.
Roper now expects EPS in the range of $18.05 - $18.25 for the full year, up from
the previous guidance of $17.85 - $18.15. On average, 14 analysts polled by
Thomson-Reuters expect the company to report earnings of $18.12 per share.
Analysts' estimates typically exclude special items.
For the second quarter, the company sees adjusted EPS of $4.42 - $4.46. The
consensus estimate stands at $4.49.
First-quarter results:
Roper Technologies Inc. (ROP) reported earnings for its first quarter that
increased from last year and beat the Street estimates.
The company's bottom line totaled $382 million, or $3.54 per share. This
compares with $284.3 million, or $2.66 per share, in last year's first quarter.
Excluding items, Roper Technologies Inc. reported adjusted earnings of $4.41 per
share for the period.
Analysts on average had expected the company to earn $4.34 per share, according
to figures compiled by Thomson Reuters.
The company's revenue for the quarter rose 14.3% to $1.68 billion from $1.47
billion last year.
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