Roper Technologies Stock Gains After Q2 Earnings: How Did It Perform?
Portfolio Pulse from Anusuya Lahiri
Roper Technologies Inc reported Q2 FY23 revenue growth of 17% YoY to $1.53 billion, beating the consensus of $1.50 billion. Adjusted EPS of $4.12 also surpassed the consensus of $3.99. The company raised its full-year 2023 adjusted earnings guidance to $16.36 - $16.50, from the previous $16.10 - $16.30. Roper Technologies shares traded higher by 3.67% at $499.27 on the last check Friday.
July 21, 2023 | 3:44 pm
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Roper Technologies reported strong Q2 FY23 results, beating revenue and EPS consensus. The company also raised its full-year 2023 earnings guidance, which led to a 3.67% increase in its stock price.
Roper Technologies reported better-than-expected Q2 FY23 results and raised its full-year 2023 earnings guidance. This positive news likely led to the increase in the company's stock price.
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