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

Roper Technologies

24/04/2024 13:43

* Roper Technologies Inc  ROP.OQ   ROP.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 26
for the period ending March 31 2024
    * The Sarasota Florida-based  company is expected to report
a
12.5% increase in revenue to $1.653 billion from $1.47 billion a
year ago, according to the mean estimate from 13 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
January 31 2024, for the period ended March 31, was between
$4.30 and $4.34 
    * 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 $615.00​, above​ its last closing price
of $539.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  4.35        4.34       4.37      Beat    0.8
 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.        3.78        3.77       3.92      Beat    4
 31 2022                                                
 Sep. 30 2022  3.46        3.46       3.67      Beat    6.2​
 Jun. 30 2022  3.53        3.59       3.95      Beat    9.9
 Mar. 31 2022  3.70        3.69       3.77      Beat    2.2
 This summary was machine generated April 24 at 12:43 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)