Roper Technologies Inc expected to post earnings of $4.46 a share - Earnings Preview

Roper Technologies

22/07/2024 15:16

* Roper Technologies Inc  ROP.OQ   ROP.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 24
for the period ending June 30 2024
    * The Sarasota Florida-based  company is expected to report
a
13.1% increase in revenue to $1.732 billion from $1.53 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Roper Technologies Inc
is for
earnings of $4.46 per share. The company's EPS guidance on April
26 2024, for the period ended June 30, was between $4.42 and
$4.46 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"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 $624.13​, above​ its last closing price
of $567.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   4.35        4.34       4.41      Beat    1.6
 Dec. 31 0001  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.        3.86        3.85       3.90      Beat    1.3
 31 2023                                                
 Dec. 31 2022  3.78        3.77       3.92      Beat    4​
 Sep. 30 2022  3.46        3.46       3.67      Beat    6.2
 Jun. 30 2022  3.53        3.59       3.95      Beat    9.9
 This summary was machine generated July 22 at 14:16 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)