Roper Technologies Announces 2020 Financial Results
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Roper Technologies (ROP) Tops Q4 EPS by 8c, Revenues Miss; Offers 1Q EPS Guidance Below Consensus, Provides FY21 EPS Outlook
January 29, 2021 6:58 AM ESTRoper Technologies (NYSE: ROP) reported Q4 EPS of $3.56, $0.08 better than the analyst estimate of $3.48. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.53 billion.
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... More
