Roper Technologies (ROP) Tops Q4 EPS by 8c, Revenues Miss; Offers 1Q EPS Guidance Below Consensus, Provides FY21 EPS Outlook

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Go back to Roper Technologies (ROP) Tops Q4 EPS by 8c, Revenues Miss; Offers 1Q EPS Guidance Below Consensus, Provides FY21 EPS Outlook

Roper Technologies Announces 2020 Financial Results

January 29, 2021 6:55 AM EST

SARASOTA, Fla., Jan. 29, 2021 (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, 2020.

Fourth Quarter 2020

Fourth quarter GAAP and adjusted revenue increased 8% to $1.51 billion, while organic revenue decreased 2%. GAAP and adjusted gross margin expanded 20 basis points to 64.2% and 64.3%, respectively.

GAAP diluted earnings per share ("DEPS") was $2.41, a 71% decrease, and adjusted DEPS was $3.56, a 5% increase. Prior year GAAP results included a pretax gain of $801 million associated with... More