Recap: Roper Technologies Q3 Earnings

Roper Technologies ROP reported its Q3 earnings results on Friday, October 22, 2021 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Roper Technologies beat their estimated earnings by 2.09%, which did not surprise analysts.

Revenue was up $94,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09, which was followed by a 1.02% increase in the share price the next day.

Here's a look at Roper Technologies's past performance and the resulting price change:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Roper Technologies management provided guidance for their next quarter, expecting earnings between $3.8 and $3.84 per share for the nextquarter.

This represents a -2.3% in quarter-over-quarter growth for Roper Technologies, a bearish signal to many investors.

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