Roper Technologies Inc. Reveals 4% Increase In Q1 Profit

(RTTNews) - Roper Technologies Inc. (ROP) reported a profit for its first quarter that climbed from last year.

The company said its bottom line totaled $158.07 million, or $1.53 per share. This was higher than $151.42 million, or $1.48 per share, in last year's first quarter.

Analysts had expected the company to earn $1.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 22.5% to $1.11 billion. This was up from $906.00 million last year.

Roper Technologies Inc. earnings at a glance:

-Earnings (Q1): $158.07 Mln. vs. $151.42 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q1): $1.53 vs. $1.48 last year. -EPS Growth (Y-o-Y): 3.4% -Analysts Estimate: $1.99 -Revenue (Q1): $1.11 Bln vs. $906.00 Mln last year. -Revenue Change (Y-o-Y): 22.5%

-Guidance: Next quarter EPS guidance: $2.16 - $2.24 Full year EPS guidance: $8.98 - $9.28