Roper Industries Q2 Earnings Rise; Lifts 2014 EPS View - Quick Facts

(RTTNews) - Roper Industries Inc. (ROP) reported that its second-quarter net earnings rose to $157.36 million or $1.56 per share, from $111.35 million or $1.11 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.50 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter grew to $885.18 million from $784.01 million in the prior year quarter. Wall Street expected revenues of $873.19 million for the quarter.

Third quarter earnings per share is expected to be $1.49 - $1.53. Analysts project third-quarter earnings of $1.57 per share.

The company increased its full year 2014 earnings per share guidance to a range of $6.27 - $6.37 from the prior estimate of $6.22 - $6.36. Analysts project annual earnings per share of $6.30.

The company's guidance excludes the impact of future acquisitions.