Benzinga | Oct 21, 2021 12:12PM EDT

Earnings Preview For Roper Technologies

Roper Technologies (NYSE:ROP) is set to give its latest quarterly earnings report on Friday, 2021-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Roper Technologies will likely report an Earnings Per Share (EPS) of $3.83

Roper Technologies bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 2.45%, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Roper Technologies's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 3.67 3.32 3.48 3.04EPS Actual 3.76 3.60 3.56 3.17Price Change % 1.02% -0.79% -7.08% -6.87%

Stock Performance

Shares of Roper Technologies were trading at $474.94 as of October 20. Over the last 52-week period, shares are up 9.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here