SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Roper Technologies Inc. (ROP) on Wednesday reported third-quarter net income of $347.2 million.
On a per-share basis, the Sarasota, Florida-based company said it had net income of $3.23. Earnings, adjusted for one-time gains and costs, came to $4.32 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.21 per share.
The industrial equipment maker posted revenue of $1.56 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.54 billion.
For the current quarter ending in December, Roper Technologies expects its per-share earnings to range from $4.28 to $4.32. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.44.
The company expects full-year earnings in the range of $16.62 to $16.66 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP