Roper Techs Q2 2024 Adj EPS $4.48 Beats $4.46 Estimate, Sales $1.720B Miss $1.732B Estimate
Portfolio Pulse from Benzinga Newsdesk
Roper Technologies (NASDAQ:ROP) reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.46. However, sales of $1.720 billion missed the $1.732 billion estimate. Sales increased by 12.34% compared to the same period last year.
July 24, 2024 | 10:56 am
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Roper Technologies reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.46. However, sales of $1.720 billion missed the $1.732 billion estimate. Sales increased by 12.34% compared to the same period last year.
While Roper Technologies beat EPS estimates, it missed sales estimates. The mixed results may lead to a neutral short-term impact on the stock price as investors weigh the positive EPS against the sales miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100