SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Thursday reported fourth-quarter earnings of $462.3 million.
The Sarasota, Florida-based company said it had net income of $4.28 per share. Earnings, adjusted for one-time gains and costs, came to $4.81 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.72 per share.
The industrial equipment maker posted revenue of $1.88 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.83 billion.
For the year, the company reported profit of $1.55 billion, or $14.35 per share. Revenue was reported as $7.04 billion.
For the current quarter ending in March, Roper Technologies expects its per-share earnings to range from $4.70 to $4.74.
The company expects full-year earnings in the range of $19.75 to $20 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP
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