Roper Technologies Inc. Q1 Income Retreats 3%

(RTTNews) - Roper Technologies Inc. (ROP) announced a profit for first quarter that decreased compared to the same period last year.

The company said its bottom line came in at $151.42 million, or $1.48 per share. This was lower than $155.77 million, or $1.54 per share, in last year's first quarter.

Analysts had expected the company to earn $1.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.3% to $902.42 million. This was up from $865.28 million last year.

Roper Technologies Inc. earnings at a glance:

-Earnings (Q1): $151.42 Mln. vs. $155.77 Mln. last year. -Earnings Decline (Y-o-Y): -2.8% -EPS (Q1): $1.48 vs. $1.54 last year. -EPS Decline (Y-o-Y): -3.9% -Analysts Estimate: $1.46 -Revenue (Q1): $902.42 Mln vs. $865.28 Mln last year. -Revenue Change (Y-o-Y): 4.3%

-Guidance: Next quarter EPS guidance: $1.56 - $1.61 Full year EPS guidance: $6.85 - $7.15