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NEW YORK -On Monday, Roper Technologies, Inc. (NASDAQ:ROP) reported first quarter earnings that beat analyst estimates, while revenue met expectations.
Roper Technology shares were down -0.13% in premarket trading following the release.
The company also raised its full-year guidance, but provided second quarter outlook that fell short of Wall Street forecasts.
Roper reported adjusted earnings per share of $4.78 for Q1, surpassing the analyst consensus of $4.74. Revenue came in at $1.88 billion, in line with estimates.
The company saw total revenue growth of 12% year-over-year, driven by 8% acquisition contribution and 5% organic growth. Adjusted EBITDA increased 9% to $740 million.
"Roper had a strong start to 2025 and our enterprise continues to execute at a high level," said Neil Hunn, Roper’s President and CEO.
For the second quarter, Roper expects adjusted EPS of $4.80-$4.84, below the $4.85 consensus. However, the company raised its full year 2025 adjusted EPS guidance to $19.80-$20.05, up from previous guidance of $19.75-$20.00 and above the $19.87 analyst estimate.
Roper also increased its full year total revenue growth outlook to approximately 12%, compared to a previous outlook of 10%+. The company continues to expect organic revenue growth of 6-7%.
"Despite an uncertain macroeconomic backdrop, we are increasing our full year outlook," Hunn added. "This is underpinned by resilient demand for our mission critical solutions and our expanding recurring revenue base."
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