Roper Technologies Guides FY24 Adj. EPS Below Estimates; Q4 Results Top Estimates
From RTTNews:
Roper Technologies, Inc. reported their financial results for the fourth quarter and provided guidance for the full-year 2024. They expect earnings of $12.77 to $13.07 per share and revenue growth of 11 to 12 percent for the year, with organic revenue growth of 5 to 6 percent. Analysts predict earnings of $18.33 per share and revenue growth of 8.9 percent for 2024.
In the first quarter, Roper Technologies expects earnings of $3.01 to $3.05 per share, while analysts are looking for earnings of $4.32 per share. For the fourth quarter, the company reported net earnings of $3.50 per share, up from $2.32 per share in the prior-year quarter. Revenue for the quarter increased 13 percent to $1.61 billion.
Overall, Roper Technologies is showing strong financial performance and growth for the year, with positive earnings and revenue figures for the fourth quarter. Their full-year 2024 projections are also optimistic, with a focus on earnings and revenue growth. Keep an eye on this company for potential investment opportunities.
Read more: Roper Technologies Guides FY24 Adj. EPS Below Estimates; Q4 Results Top Estimates