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Roper Technologies: Q3 Earnings Snapshot

Roper Technologies: Q3 Earnings Snapshot

By AP News
Published - Oct 23, 2024, 07:04 AM ET
Last Updated - Dec 16, 2024, 06:05 PM EST

SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Wednesday reported third-quarter net income of $367.9 million.

The Sarasota, Florida-based company said it had profit of $3.40 per share. Earnings, adjusted for one-time gains and costs, came to $4.62 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.53 per share.

The industrial equipment maker posted revenue of $1.76 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.72 billion.

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