Roper forecasts 2026 revenue, profit below estimates on soft government contract demand

Reuters
01/27
Roper forecasts 2026 revenue, profit below estimates on soft government contract demand

Jan 27 (Reuters) - Roper Technologies ROP.O forecast 2026 revenue and profit below Wall Street estimates on Tuesday, citing softer demand at its government contracting unit Deltek, sending shares of the company down 14.9%.

The software firm forecast total revenue growth of about 8% for the year, compared with estimates of around 9%.

The outlook reflected a "more appropriate and balanced" view after recent quarters disappointed amid uncertainty at Deltek, said CEO Neil Hunn.

Future U.S. government shutdowns could impact the business further, with Deltek having recorded a slowdown in September after agencies halted activity ahead of the most recent shutdown.

Roper also expects adjusted earnings between $21.30 and $21.55 per share in 2026, lower than analysts' estimates of $21.65 per share, according to data compiled by LSEG.

For the first quarter of the year, the company forecast adjusted earnings of $4.95 to $5.00 per share, below estimates of $5.18 per share.

Roper had cut its 2025 profit forecast in October largely due to higher costs related to recent acquisitions.

Meanwhile, the company reported revenue of $2.06 billion for the quarter ended December 31, marginally missing analysts' estimates of $2.08 billion.

Hunn said the results were weighed down by weaker perpetual license revenue, which led to lower organic growth in the application software segment.

Adjusted earnings for the quarter stood at $5.21 per share, beating estimates of $5.14 per share.

(Reporting by Arnav Mishra in Bengaluru; Editing by Jonathan Ananda)

((Arnav.Mishra@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10