Roper Technologies (NYSE: ROP) reported Q4 EPS of $3.39, $0.04 better than the analyst estimate of $3.35. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.4 billion.

“It was another excellent year for Roper,” said Neil Hunn, Roper's President and CEO. “Operationally, our teams executed at a very high level while continuing to innovate and invest for long term, sustained growth. In addition, we meaningfully enhanced our portfolio through $2.4 billion of acquisitions, led by iPipeline and Foundry, and the divestitures of our Gatan and Scientific Imaging businesses. As a result, we exit 2019 in a stronger position to continue compounding cash flow and shareholder returns.”

GUIDANCE:

Roper Technologies sees Q1 2020 EPS of $2.94-$3.00, versus the consensus of $3.13.

Roper Technologies sees FY2020 EPS of $13.30-$13.60, versus the consensus of $13.57.

“Roper is well positioned for a strong 2020, driven by continued organic growth across our portfolio of software and product businesses, TransCore’s significant New York City project, and contributions from our recent acquisitions,” said Mr. Hunn. “Aided by the proceeds from the Gatan divestiture, we enter the new year with significant financial capacity to execute against our large and active pipeline of high-quality acquisition opportunities."

• The Company expects full year organic revenue growth of +6 - 7%.
• The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.

For earnings history and earnings-related data on Roper Technologies (ROP) click here.