Investing.com - Roper Technologies (NYSE:ROP) reported second quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.95 on revenue of $1.19B. Analysts polled by Investing.com expected EPS of $3.69 on revenue of $1.54B. .
For the year, Roper Technologies shares are down 16.09%, broadly in line with the S&P 500 which is down 16.1% year to date.
Roper Technologies follows other major Information Technology sector earnings this month
On July 13, Visa A reported third quarter EPS of $1.79 on revenue of $7.19B, compared to forecasts of EPS of $1.65 on revenue of $6.83B.
Taiwan Semiconductor earnings beat analyst's expectations on July 14, with second quarter EPS of $1.53 on revenue of $17.87B. Investing.com analysts expected EPS of $1.44 on revenue of $17.68B
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