Roper Industries (ROP) Tops Q3 EPS by 4c
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Roper Industries (NYSE: ROP) reported Q3 EPS of $1.65, $0.04 better than the analyst estimate of $1.61. Revenue for the quarter came in at $947.3 million versus the consensus estimate of $954.57 million.
Roper Industries sees Q4 2016 EPS of $1.77-$1.89, versus the consensus of $1.91.
Roper Industries sees FY2016 EPS of $6.48-$6.60, versus the consensus of $6.60.
"Our businesses executed very well in the quarter, establishing record levels for orders, revenue, net earnings, EBITDA and cash flow," said Brian Jellison, Roper's Chairman, President and CEO. "Growth in revenue was led by medical, software and water businesses more than offsetting continued weakness in energy end markets. Cash flow was exceptionally strong, bringing year-to-date free cash flow to $704 million, an increase of 11% over last year's level."
For earnings history and earnings-related data on Roper Industries (ROP) click here.
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