Reported about 5 hours ago
Roper Technologies has revised its annual profit forecast downward, expecting increased acquisition costs to impact earnings. As a result, shares dropped 7%. The company anticipates adjusted earnings per share to range between $19.90 and $19.95, down from a previous estimate of $19.90 to $20.05. Roper, known for its growth through acquisitions across various sectors, also reported a 14% revenue increase in the third quarter to $2.02 billion.
Source: YAHOO