Roper Technologies rises on upbeat annual revenue forecast

Roper Technologies

30/01/2025 19:18

** Shares of software firm Roper Technologies  ROP.O  up as
much as 7.6% at $584.31
    ** Co forecasts annual revenue growth above estimates,
signaling stable demand for its specialized software products
    ** ROP sees annual revenue growth to be more than 10%,
compared with analysts' estimate of 9.6% — data compiled by LSEG
    ** Posts Q4 revenue of $1.88 billion, above estimates of
$1.84 billion; adjusted EPS of $4.81, beating estimates of $4.73
    ** However, co projects annual adjusted EPS of $19.75 to
$20.00, compared with estimates of $20.06; expects Q1 adj EPS of
 $4.70 to $4.74 vs estimates of $4.84
    ** ROP fell ~4% in 2024
    

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com))