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Insights Into Roper Technologies (ROP) Q3: Wall Street Projections for Key Metrics
ROPRoper(ROP) ZACKS·2024-10-18 14:20

Core Viewpoint - Roper Technologies (ROP) is expected to report a quarterly earnings per share (EPS) of 4.53,reflectingayearoveryearincreaseof4.94.53, reflecting a year-over-year increase of 4.9%, with revenues projected at 1.72 billion, a 10.2% increase compared to the previous year [1] Group 1: Earnings and Revenue Estimates - Analysts forecast Roper Technologies' quarterly EPS to be 4.53,indicatinga4.94.53, indicating a 4.9% increase year-over-year [1] - Revenue is anticipated to reach 1.72 billion, showing a 10.2% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Group 2: Key Revenue Metrics - Revenue from 'Network Software & Systems' is estimated at 370.74million,reflectinga1.8370.74 million, reflecting a 1.8% increase from the prior-year quarter [2] - 'Technology Enabled Products' revenue is projected at 408.15 million, indicating a 3.1% increase year-over-year [2] - 'Application Software' revenue is expected to reach 943.55million,suggestingasignificant17.4943.55 million, suggesting a significant 17.4% increase compared to the previous year [2] Group 3: Operating Profit Estimates - The consensus estimate for 'Operating Profit- Application Software' is 255.00 million, up from 206.90millioninthesamequarterlastyear[3]OperatingProfitTechnologyEnabledProductsisprojectedat206.90 million in the same quarter last year [3] - 'Operating Profit- Technology Enabled Products' is projected at 134.86 million, slightly down from 137.10 million reported in the same quarter last year [3] - Analysts estimate 'Operating Profit- Network Software & Systems' to be 166.18 million, compared to $164.40 million in the previous year [3] Group 4: Stock Performance - Over the past month, Roper Technologies shares have returned +0.5%, while the Zacks S&P 500 composite has increased by +3.8% [3] - ROP currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [3]