Roper Technologies, Inc. (NYSE:ROP) is reporting third quarter financial results on Tuesday 27th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, ROP is expected to report 3Q20 income of $ 3.04 per share from revenue of $ 1353.87 million.
For the full year, analysts anticipate top line of $ 5536.79 million, while looking forward to income of $ 12.49 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 2.90 ~ $ 3.00 per share
Full Year 2020 bottomline are predicted in a range of $ 11.90 ~ $ 12.40 per share
Click Here For More Historical Outlooks Of Roper Technologies, Inc.
Previous Quarter Performance
Roper Technologies, Inc. disclosed income for the second quarter of $ 2.94 per share, from the revenue of $ 1,306.00 million. The quarterly earnings fell 4.23 percent while revenues declined 1.95 percent compared with the same quarter last year.
According to street consensus, ROP was expected to report 2Q20 income of $ 2.67 per share from revenue of $ 1249.56 million. The bottom line results beat street analysts by $ 0.27 or 10.11 percent, at the same time, top line results outshined analysts by $ 56.44 million or 4.52 percent.
Stock Performance
Shares of Roper Technologies, Inc. traded up $ 1.08 or 0.25 percent on Friday, reaching $ 428.60 with volume of 261.60 thousand shares. Roper Technologies, Inc. has traded high as $ 432.74 and has cracked $ 425.16 on the downward trend
According to the previous trading day, closing price of $ 428.60, representing a 78.13 % increase from the 52 week low of $ 240.00 and a 6.19 % decrease over the 52 week high of $ 455.72.
The company has a market capital of $ 44.88 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Analyst recommendations
- On 8th September 2020, downgraded by JPMorgan Chase & Co. to Underweight from Neutral rating.
Conference Call
Roper Technologies, Inc. will be hosting a conference call at 8:00 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ropertech.com
Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide. The company operates in four segments: Application Software; Network Software & Systems; Measurement & Analytical Solutions; and Process Technologies.
