Roper Technologies Inc expected to post earnings of $4.34 a share - Earnings Preview

Roper Technologies

29/01/2024 13:43

* Roper Technologies Inc  ROP.OQ   ROP.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 31
for the period ending December 31 2023
    * The Sarasota Florida-based  company is expected to report
a
10.5% increase in revenue to $1.581 billion from $1.43 billion a
year ago, according to the mean estimate from 14 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Roper Technologies Inc
is for
earnings of $4.34 per share. The company's EPS guidance on
October 25 2023, for the period ended December 31, was between
$4.28 and $4.32 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Roper
Technologies Inc is $577.50​, above​ its last closing price
of $549.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  4.24        4.22       4.32      Beat    2.4
 Jun. 30 2023  4.00        3.99       4.12      Beat    3.2
 Mar. 31 2023  3.86        3.85       3.90      Beat    1.3​
 Dec. 31 2022  3.78        3.77       3.92      Beat    4
 ​​Sep.        3.46        3.46       3.67      Beat    6.2
 30 2022                                                
 Jun. 30 2022  3.53        3.59       3.95      Beat    9.9​
 Mar. 31 2022  3.70        3.69       3.77      Beat    2.2
 Dec. 31 2021  3.68        3.67       3.73      Beat    1.7
 This summary was machine generated January 29 at 13:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)