SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Tuesday reported fourth-quarter earnings of $428.4 million.
On a per-share basis, the Sarasota, Florida-based company said it had profit of $3.97. Earnings, adjusted for one-time gains and costs, came to $5.21 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.14 per share.
The industrial equipment maker posted revenue of $2.06 billion in the period, missing Street forecasts. Nine analysts surveyed by Zacks expected $2.09 billion.
For the year, the company reported profit of $1.54 billion, or $14.20 per share. Revenue was reported as $7.9 billion.
For the current quarter ending in March, Roper Technologies expects its per-share earnings to range from $4.95 to $5.
The company expects full-year earnings in the range of $21.30 to $21.55 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
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