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Roper Technologies Q2 Adjusted Earnings, Revenue Rise; Updates 2024 Earnings Outlook
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Roper Technologies Q2 Adjusted Earnings, Revenue Rise; Updates 2024 Earnings Outlook
Jul 24, 2024 4:55 AM

07:27 AM EDT, 07/24/2024 (MT Newswires) -- Roper Technologies ( ROP ) reported Q2 adjusted earnings Wednesday of $4.48 per diluted share, up from $4.12 a year earlier.

Analysts polled by Capital IQ expected $4.47.

Revenue for the quarter ended June 30 was $1.72 billion, compared with $1.53 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.73 billion.

The company updated its full-year 2024 adjusted EPS guidance to now be $18.10 to $18.25 from the prior outlook of $18.05 to $18.25. Analysts surveyed by Capital IQ expect $18.20. The company reiterated its annual revenue growth outlook at about 12%. Analysts polled by Capital IQ expect $6.92 billion.

For Q3, the company expects adjusted EPS of $4.50 to $4.54. Analysts surveyed by Capital IQ expect $4.62.

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