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Roper Technologies: Q2 Earnings Snapshot
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SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Thursday reported second-quarter profit of $1.17 billion.

On a per-share basis, the Sarasota, Florida-based company said it had profit of $11.62. Earnings, adjusted for non-recurring gains, came to $5.38 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.29 per share.

The industrial equipment maker posted revenue of $2.11 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.1 billion.

For the current quarter ending in September, Roper Technologies expects its per-share earnings to range from $5.75 to $5.80.

The company expects full-year earnings in the range of $22.15 to $22.30 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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