Roper (ROP) Q1 Earnings Surpass Estimates, Revenues Rise Y/Y

Roper Technologies’ (ROP) first-quarter 2024 adjusted earnings of $4.41 per share surpassed the Zacks Consensus Estimate of$4.34. On a year-over-year basis, earnings increased 13.1%.Roper’s net revenues of $1.68 billion beat the consensus estimate of$1.65 million. The top line increased 14% year over year. Organic sales in the quarter increased 8%, owing to strength across each of the three segments. Acquisitions boosted sales by 6%.Segmental PerformanceRoper has divested its Process Technologies segment ...