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Sarasota, Florida-based Roper Technologies, Inc. (ROP) operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Valued at $55.2 billion by market cap, Roper operates through Application Software, Network Software, and Technology Enabled Products segments.
The software giant is set to unveil its fourth-quarter earnings before the market opens on Thursday, Jan. 30. Ahead of the event, analysts expect Roper to report a non-GAAP profit of $4.76 per share, up 8.9% from $4.37 per share reported in the year-ago quarter. Furthermore, Roper has surpassed Wall Street’s bottom-line estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter grew 6.9% year-over-year to $4.62, exceeding analysts’ estimates by 2%.