Roper Technologies Announces Third Quarter Results

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Roper Industries (ROP) Defended at Raymond James Amid Sell-Off

October 27, 2020 3:46 PM EDT

Raymond James analyst Brian Gesuale defended Roper Industries (NYSE: ROP) amid the 5.3% sell-off following results. He sees the sell-off as a buying opportunity.

The analyst reiterated an Outperform rating and $475.00 price target on the stock.

For an analyst ratings summary and... More

Roper Technologies (ROP) Tops Q3 EPS by 13c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus, Offers 4Q EPS Guidance Below Consensus

October 27, 2020 6:59 AM EDT

Roper Technologies (NYSE: ROP) reported Q3 EPS of $3.17, $0.13 better than the analyst estimate of $3.04. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.35 billion.

"We are very pleased with the continued strong execution by our business leaders this quarter," said Neil Hunn, Ropers President and CEO. "We once again benefited... More