logo
Plus   Neg
Share
Email

Roper Technologies Narrows FY19 Adj. EPS Outlook Range - Quick Facts

While reporting financial results for the third quarter on Thursday, Roper Technologies, Inc. (ROP) narrowed its adjusted earnings guidance range for the full-year 2019, and provided adjusted earnings outlook for the fourth quarter.

For fiscal 2019, the company now projects adjusted earnings in a range of $12.98 to $13.02 per share, compared to previous guidance range of $12.94 to $13.06 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $13.06 per share for the year. Analysts' estimates typically exclude special items.

For the fourth quarter, the company expects adjusted earnings in a range of $3.32 to $3.36 per share, while the Street is looking for earnings of $3.47 per share for the quarter.

The company said its guidance assumes the pending Gatan divestiture will close at the end of October and excludes the impact of unannounced future acquisitions or divestitures.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
PCNA has recalled about 5,000 units of Spare 10,000 mAh Power Banks for possible fire and burn hazards, the U.S. Consumer Product Safety Commission said in a statement. These include 445 units sold in Canada. The company said the power bank's lithium-ion battery can overheat and ignite, causing fire and burn hazards. Hundreds of Amazon workers have openly criticized the company's record on climate change by intentionally defying a company-wide ban against speaking out. More than 350 employees of the e-commerce giant criticized the company's climate change policy in a Medium blog post Sunday, putting their jobs at risk for violating the company's corporate communications policy. Loneliness at the workplace is on the rise in America and is resulting in less productivity as well as lower retention levels, a new study showed. According to Cigna's 2020 Loneliness Index, three out of five adults, or 61 percent, consider themselves lonely. This represents a seven percentage point increase from 2018. The study surveyed more than 10,400 adults.
Follow RTT
>