Earnings Alerts

Roper Technologies (ROP) Earnings: FY Forecast Raised on Strong First Quarter Results

  • Roper Technologies has projected its full-year adjusted earnings per share (EPS) from continuing operations to be between $19.80 and $20.05, against an estimate of $19.93.
  • The company expects second-quarter adjusted EPS from continuing operations to range from $4.80 to $4.84, slightly below the estimated $4.87.
  • First-quarter results showed:
    • Application software net revenue was $1.07 billion, matching the estimate.
    • Network software net revenue was $375.9 million, just below the $377.2 million estimate.
    • Technology-enabled products net revenue was $438.7 million, compared to the $446.2 million estimate.
  • Adjusted EPS from continuing operations for the first quarter was $4.78, improving from $4.41 year-over-year, and slightly above the $4.75 estimate.
  • Total net revenue from continuing operations matched the estimate at $1.88 billion.
  • The gross margin was 68.7%, slightly surpassing the 68.6% estimate.
  • The CEO emphasized resilience in demand due to the company’s mission-critical solutions and expanding recurring revenue despite macroeconomic uncertainties.
  • Roper increased its full-year total revenue growth outlook to approximately 12%, up from a previous outlook of over 10%, with expected organic revenue growth of 6% to 7%.
  • The guidance includes impacts from the acquisition of CentralReach.
  • Analyst ratings include 10 buy recommendations, 6 holds, and 2 sells.

Roper Technologies on Smartkarma

Analyst coverage of Roper Technologies on Smartkarma reveals a positive sentiment towards the company’s recent financial performance and strategic moves. Baptista Research, in their report “Roper Technologies: How a Software-First Strategy is Reshaping Growth! – Major Drivers,” highlights the strong fourth-quarter and full-year 2024 results. Roper saw a 14% revenue increase driven by organic expansion and acquisitions, alongside a remarkable 16% growth in free cash flow, surpassing $2 billion.

In another report by Baptista Research, titled “Roper Technologies Inc.: Expanding Market Presence through Strategic Acquisitions & Other Major Drivers,” the focus is on the third-quarter 2024 earnings call. Roper achieved a 13% total revenue growth, with notable contributions from organic sources and a 10% rise in EBITDA. The company also managed a significant 15% increase in free cash flow, indicating a strong financial position and strategic execution.


A look at Roper Technologies Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Roper Technologies, Inc. is showing promising signs for long-term growth based on the Smartkarma Smart Scores analysis. With a solid Growth score of 4, the company is positioned well for expansion and development. This indicates a positive outlook for Roper Technologies to continue increasing its market presence and revenue streams over time. Additionally, the company’s Resilience score of 4 suggests that it has the ability to withstand economic challenges and market fluctuations, providing investors with a sense of stability.

Furthermore, Roper Technologies is demonstrating strong Momentum with a score of 5, indicating that the company is gaining traction and moving in a favorable direction. While the Value score of 3 and Dividend score of 2 show moderate performance in terms of value and dividends, the overall outlook for Roper Technologies appears promising for long-term investors seeking growth opportunities within the industrial equipment sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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