Roper Technologies: Q1 Earnings Snapshot
By AP News
Published - Apr 27, 2023, 07:12 AM ET
Last Updated - Jun 22, 2023, 03:01 AM EDT
SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Thursday reported first-quarter profit of $283.1 million.
On a per-share basis, the Sarasota, Florida-based company said it had net income of $2.65. Earnings, adjusted for one-time gains and costs, came to $3.90 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.85 per share.
The industrial equipment maker posted revenue of $1.47 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $1.44 billion.
