Roper Technologies (ROP) Tops Q4 EPS by 4c; Offers Q1 EPS Guidance Below Consensus & FY20 EPS Mid-Point Views Below Consensus

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Go back to Roper Technologies (ROP) Tops Q4 EPS by 4c; Offers Q1 EPS Guidance Below Consensus & FY20 EPS Mid-Point Views Below Consensus

Roper Technologies Announces Record 2019 Financial Results

January 30, 2020 6:55 AM EST

SARASOTA, Fla., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter 2019

Fourth quarter GAAP diluted earnings per share (DEPS) was $8.28, a 237% increase, while adjusted DEPS was $3.39, a 5% increase. GAAP results include a pretax gain of $801 million associated with the divestiture of Gatan.

GAAP revenue increased to $1.39 billion and adjusted revenue increased 2% to $1.40 billion. Organic revenue increased 1%. GAAP and adjusted gross margin both expanded 60... More