Roper Technologies: Q1 Earnings Snapshot

SARASOTA, Fla. (AP) _ Roper Technologies Inc. (ROP) on Tuesday reported first-quarter profit of $2.02 billion.

On a per-share basis, the Sarasota, Florida-based company said it had net income of $18.94. Earnings, adjusted for one-time gains and costs, were $3.77 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.69 per share.

The industrial equipment maker posted revenue of $1.53 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.48 billion.

For the current quarter ending in July, Roper Technologies expects its per-share earnings to range from $3.80 to $3.84. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.79.

The company expects full-year earnings in the range of $15.50 to $15.75 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP