Roper Technologies Inc. Q4 Profit Increases, beats estimates

(RTTNews) - Roper Technologies Inc. (ROP) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $247.3 million, or $2.32 per share. This compares with $167.1 million, or $1.57 per share, in last year's fourth quarter.

Excluding items, Roper Technologies Inc. reported adjusted earnings of $3.92 per share for the period.

Analysts on average had expected the company to earn $3.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.9% to $1.430 billion from $1.256 billion last year.

Roper Technologies Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $247.3 Mln. vs. $167.1 Mln. last year. -EPS (Q4): $2.32 vs. $1.57 last year. -Analyst Estimate: $3.77 -Revenue (Q4): $1.430 Bln vs. $1.256 Bln last year.