Roper Technologies (NYSE:ROP) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Earnings
Roper Technologies beat estimated earnings by 2.45%, reporting an EPS of $3.77 versus an estimate of $3.68.
Revenue was down $3.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.02% increase in the share price the next day.
Here's a look at Roper Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.67 | 3.83 | 3.67 | 3.32 |
| EPS Actual | 3.73 | 3.91 | 3.76 | 3.60 |
| Revenue Estimate | 1.50B | 1.61B | 1.58B | 1.51B |
| Revenue Actual | 1.51B | 1.46B | 1.59B | 1.53B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Roper Technologies management provided guidance for Q2 2022, expecting earnings between $3.8 and $3.84 per share.
To track all earnings releases for Roper Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
