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Roper's (ROP) Q3 Earnings and Revenues Surpass Estimates
Roper Technologies, Inc. ROP delivered third-quarter 2019 positive earnings surprise of about 3.1%.
Adjusted earnings were $3.29 per share, surpassing the Zacks Consensus Estimate of $3.19. Also, the bottom line increased 6% from the year-ago quarter number of $3.09 backed by solid revenue growth.
Inside the Headlines
Roper’s adjusted revenues totaled $1,358 million, up 3% year over year. The rise was primarily driven by 2% organic growth and 2% gain from acquired assets, partially offset by 1% adverse impact of unfavorable movements in foreign currencies. Moreover, the top line surpassed the Zacks Consensus Estimate of $1,350 million.
Notably, GAAP revenues came in at $1,354.5 million, up from the year-ago reported figure of $1,319 million.
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https://finance.yahoo.com/news/ropers-ro...02757.html
![[Bild: ROPc1dl1708.png]](https://finviz.com/publish/102519/ROPc1dl1708.png)
Roper Technologies, Inc. ROP delivered third-quarter 2019 positive earnings surprise of about 3.1%.
Adjusted earnings were $3.29 per share, surpassing the Zacks Consensus Estimate of $3.19. Also, the bottom line increased 6% from the year-ago quarter number of $3.09 backed by solid revenue growth.
Inside the Headlines
Roper’s adjusted revenues totaled $1,358 million, up 3% year over year. The rise was primarily driven by 2% organic growth and 2% gain from acquired assets, partially offset by 1% adverse impact of unfavorable movements in foreign currencies. Moreover, the top line surpassed the Zacks Consensus Estimate of $1,350 million.
Notably, GAAP revenues came in at $1,354.5 million, up from the year-ago reported figure of $1,319 million.
...
https://finance.yahoo.com/news/ropers-ro...02757.html
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