SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Thursday reported second-quarter profit of $1.17 billion.
On a per-share basis, the Sarasota, Florida-based company said it had profit of $11.62. Earnings, adjusted for non-recurring gains, came to $5.38 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.29 per share.
The industrial equipment maker posted revenue of $2.11 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.1 billion.
For the current quarter ending in September, Roper Technologies expects its per-share earnings to range from $5.75 to $5.80.
The company expects full-year earnings in the range of $22.15 to $22.30 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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