Roper Now Expects Full Year Earnings Above Analysts' Forecasts

(RTTNews) - Roper Technologies, Inc. (ROP) announced the company is updating its full year adjusted earnings per share guidance to $6.69 - $6.75, from previous range of $6.61 - $6.75. Analysts polled by Thomson Reuters expect the company to report earnings per share of $6.68 in 2015.

The company established fourth quarter adjusted earnings per share guidance of $1.83 - $1.89. Analysts expect the company to report earnings per share of $1.85 for the quarter.

Roper also announced it has signed a definitive agreement to acquire CliniSys Group Ltd., a leading European provider of laboratory information management systems, for 170 million pounds. Roper said CliniSys expands its suite of diagnostic-related software. For the third-quarter, earnings per share were $1.58, a 3% increase over the prior year. Adjusted EPS were $1.61, for the quarter. Analysts polled by Thomson Reuters expected the company to report profit per share of $1.57 for the quarter. Analysts' estimates typically exclude special items.

GAAP revenue was $884 million and adjusted revenue increased to $886 million. Analysts expected revenue of $891.64 million for the quarter.