Investing.com - Roper Technologies (NYSE:ROP) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.07 on revenue of $1.33B. Analysts polled by Investing.com forecast EPS of $3.05 on revenue of $1.35B. That compared to EPS of $2.89 on revenue of $1.3B in the same period a year earlier. The company had reported EPS of $3.3 on revenue of $1.29B in the previous quarter.
For the year, Roper Technologies shares are up 40.57%, outperforming the S&P 500 which is up 21.91% year to date.
Roper Technologies follows other major Technology sector earnings this month
On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.
Facebook earnings missed analyst's expectations on Wednesday, with second quarter EPS of $0.91 on revenue of $16.89B. Investing.com analysts expected EPS of $1.87 on revenue of $16.5B
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