Roper (ROP) Q2 Earnings Beat, Application Software Sales Up Y/Y
ROPRoper(ROP) ZACKS·2024-07-25 01:05

Roper Technologies’ (ROP) second-quarter 2024 adjusted earnings of $4.48 per share surpassed the Zacks Consensus Estimate of $4.46. On a year-over-year basis, earnings increased 9%.Roper’s net revenues of $1,716.8 million missed the consensus estimate of $1,724 million. However, the top line increased 12% year over year. Organic revenues increased 4%, driven primarily by solid momentum in the company’s Application Software segment. Acquisitions boosted sales by 8%.Segmental PerformanceThe company reports un ...