Roper Q3 revenue rises after acquisitions

Roper Technologies

Today 12:04

Overview
US vertical software provider's Q3 revenue rose 8%, meeting analyst expectations
Adjusted DEPS for Q3 grew 15% and beat analyst expectations
Company completed three bolt-on acquisitions and raised full-year adjusted DEPS guidance

Outlook
Roper raises 2026 adjusted DEPS guidance to $22.35-$22.40 from $22.15-$22.30
Company expects Q4 2026 adjusted DEPS of $5.95-$6.00

Result Drivers
ORGANIC GROWTH - Co said 7% organic revenue growth was main driver of Q3 results
ACQUISITIONS - Three bolt-on acquisitions contributed to revenue growth
AI LAUNCHES - Several AI product launches, including PowerPlan, Strata, and Vertafore, supported innovation and customer adoption

Company press release: ID:nGNX92WDGY

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Meet
$2.17 bln
$2.17 bln (15 Analysts)
Q3 Adjusted DEPS
Beat
$5.89
$5.79 (14 Analysts)
Q3 DEPS
 
$4.88
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Roper Technologies, Inc. is $424.00, about 6.7% above its October 21 closing price of $397.56
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Oct 21 - Software provider SAP Q3 revenue rises on cloud business growth
Oct 21 - Germany's SAP hits €10 billion quarterly revenue milestone, lifts 2026 view
Oct 21 - IBM raises lower end of annual software revenue growth forecast after Q3 beat  

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)