UBS Cuts Price Target on Roper Industries (ROP) to $190 Following Weak 2Q

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Go back to UBS Cuts Price Target on Roper Industries (ROP) to $190 Following Weak 2Q

Roper Technologies Announces Second Quarter Results

July 25, 2016 6:55 AM EDT

SARASOTA, Fla., July 25, 2016 /PRNewswire/ -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the second quarter ended June 30, 2016.

Roper reports results, including revenue, operating margin, net income and diluted earnings per share, on both a GAAP basis and an adjusted basis.  Adjusted measures are reconciled to the corresponding GAAP measures in the attached tables. 

Second quarter GAAP revenue increased 5% to $932 million and adjusted revenue grew 5% to $934 million.  GAAP diluted earnings per share (DEPS) were $1.54 and adjusted DEPS were $1.56.  Orders increased 9% in the quarter to $956 million, and backlog was... More

TransCore’s Canadian Freight Volumes Trended Higher in the Second Quarter of 2016

July 22, 2016 11:00 AM EDT

TORONTO--(BUSINESS WIRE)-- TransCore Link Logistics volumes for Canadian and cross-border loads continued strong in the second quarter of 2016. Compared to last month, volumes were essentially flat, down marginally by two percent month-over-month. Year-over-year volumes were lower by six percent compared to June 2015. The highest load volumes for the first half of the year were observed in May; these were the same volumes in May 2015.

This Smart News Release features multimedia. View the full release here:... More