Roper Tech Lifts Outlook on Higher Net Profit

Dow Jones04-23

By Rob Curran

Roper Technologies said first-quarter net income and revenue rose, and boosted its earnings projection for the year, reflecting demand for artificial-intelligence offerings.

The Sarasota, Fla., software provider posted earnings of $508.9 million, or $4.87 a share, up from $331.1 million, or $3.06 a share, a year earlier.

Stripping out certain one-off items, Roper registered adjusted earnings of $5.16 a share, topping the average Wall Street target of $4.99 a share, as per FactSet.

Revenue rose 11% to $2.1 billion, edging the mean analyst estimate of $2.06 billion, according to FactSet.

For 2026, Roper, which makes specialized software for medical and other applications, boosted its target for adjusted per-share earnings to a range between $21.80 and $22.05 from a prior $21.30-to-$21.55 estimate.

The technology conglomerate now anticipates unadjusted earnings of $16.67-to-$16.92 a share for the year.

For the second quarter, Roper targeted earnings per-share in a range between $3.64 and $3.69 and adjusted earnings per-share in a range between $5.25 and $5.30.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 23, 2026 07:20 ET (11:20 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Revenue rose 11% to $2.1 billion, edging the mean analyst estimate of $2.06 billion, according to FactSet. \n\n\n  For 2026, Roper, which makes specialized software for medical and other applications, boosted its target for adjusted per-share earnings to a range between $21.80 and $22.05 from a prior $21.30-to-$21.55 estimate. \n\n\n  The technology conglomerate now anticipates unadjusted earnings of $16.67-to-$16.92 a share for the year. \n\n\n  For the second quarter, Roper targeted earnings per-share in a range between $3.64 and $3.69 and adjusted earnings per-share in a range between $5.25 and $5.30. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2026 07:20 ET (11:20 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, 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