Plus   Neg

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
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
Follow RTT