Investing.com - Roper Technologies (NYSE:ROP) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $3.3 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $2.78 on revenue of $1.29B. That compared to EPS of $2.61 on revenue of $1.21B in the same period a year earlier. The company had reported EPS of $3.22 on revenue of $1.38B in the previous quarter.
For the year, Roper Technologies shares are up 31.42%, outperforming the S&P 500 which is up 18.18% year to date.
Roper Technologies follows other major Technology sector earnings this month
On Wednesday, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.89B.
Facebook earnings missed analyst's expectations on Wednesday, with first quarter EPS of $0.85 on revenue of $15.08B. Investing.com analysts expected EPS of $1.61 on revenue of $14.97B
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