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While reporting financial results for the second quarter on Friday, software developer Roper Technologies, Inc. (ROP) raised its adjusted earnings guidance for the full-year 2020, and provided adjusted earnings outlook for the third quarter, in line with analysts' estimates.


RTTNews | Jul 23, 2021 07:36AM EDT

07:36 Friday, July 23, 2021 (RTTNews.com) - While reporting financial results for the second quarter on Friday, software developer Roper Technologies, Inc. (ROP) raised its adjusted earnings guidance for the full-year 2020, and provided adjusted earnings outlook for the third quarter, in line with analysts' estimates.

For fiscal 2021, the company now projects adjusted earnings in a range of $15.00 to $15.20 per share, up from the previous range of $14.75 to $15.00 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $15.01 per share for the year. Analysts' estimates typically exclude special items.

For the third quarter, the company expects adjusted earnings in a range of $3.80 to $3.84 per share, while the Street is looking for earnings of $3.84 per share for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3211466/roper-technologies-boosts-fy21-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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