Roper Industries Q1 Profit Tops View; Lifts FY15 Earnings Outlook - Quick Facts

(RTTNews) - Roper Industries, Inc. (ROP), a diversified technology company, posted first-quarter net earnings of $155.8 million, or $1.54 per share, compared to last year's $147.2 million, or $1.46 per share.

On an adjusted basis, earnings per share for the latest quarter were $1.55, up 6% from $1.46 in the comparable quarter last year. On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $1.52 per share for the quarter. Analysts' estimates typically exclude special items.

Quarterly GAAP revenue improved to $865.28 million from $834.05 million in the previous year, with adjusted revenue rising by 4% to $867 million. Wall Street expected revenues of $874.98 million for the quarter.

Looking ahead to the second quarter, the company expects earnings in the range of $1.59 to $1.64 per share. Analysts currently expect earnings of $1.69 per share.

For full-year 2015, the company is raising its earnings per share guidance from $6.70 - $6.94 to $6.75 - $6.95. Analysts now expect earnings per share of $6.85 for full year 2015.