Roper Q2 Profit Rises; Lowers Full Year Adj. EPS Guidance Range - Quick Facts

(RTTNews) - Roper Technologies, Inc. (ROP) reported second-quarter net income of $171.3 million or $1.69 per share compared to $157.4 million or $1.56 per share, last year. Adjusted earnings per share was $1.70, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.64 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $$889.54 million from $885.18 million, a year ago. Adjusted revenue increased 1% to $892 million. Analysts expected revenue of $908.24 million for the quarter.

Roper now expects full year earnings per share to be $6.61 - $6.75 versus previous guidance of $6.75 - $6.95. Analysts expect the company to report earnings per share of $6.87.

Roper expects third quarter earnings per share to be $1.53 - $1.57. Analysts expect the company to report earnings per share of $1.72.