Roper Tech Lifts Outlook on Higher Net Profit

Dow Jones

04/23

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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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</p>\n<p>\n  The technology conglomerate now anticipates unadjusted earnings of $16.67-to-$16.92 a share for the year. \n</p>\n<p>\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</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 07:20 ET (11:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-04-23 19:20</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Rob Curran \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Roper Technologies said first-quarter net income and revenue rose, and boosted its earnings projection for the year, reflecting demand for artificial-intelligence offerings. \n</p>\n<p>\n  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. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Revenue rose 11% to $2.1 billion, edging the mean analyst 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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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