您现在的位置是:f s o s h h u j 1 t w i c c a z h i 8 s s z 8 t s a e > Hotspot
【payday loan springfield mo】Roper Technologies (ROP) Beats Q4 Earnings and Revenue Estimates
f s o s h h u j 1 t w i c c a z h i 8 s s z 8 t s a e2024-09-29 08:15:33【Hotspot】0人已围观
简介Roper Technologies (ROP) came out with quarterly earnings of $3.22 per share, beating the Zacks Cons payday loan springfield mo
Roper Technologies (ROP) came out with quarterly earnings of $3.22 per share,payday loan springfield mo beating the Zacks Consensus Estimate of $3.13 per share. This compares to earnings of $2.70 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 2.88%. A quarter ago, it was expected that this industrial equipment maker would post earnings of $2.94 per share when it actually produced earnings of $3.09, delivering a surprise of 5.10%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Roper Technologies, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.38 billion for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 1.77%. This compares to year-ago revenues of $1.23 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Roper Technologies shares have added about 6.3% since the beginning of the year versus the S&P 500's gain of 7.9%.
What's Next for Roper Technologies?
While Roper Technologies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Roper Technologies was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.78 on $1.27 billion in revenues for the coming quarter and $12.19 on $5.31 billion in revenues for the current fiscal year.
Story continues
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
Roper Technologies, Inc. (ROP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
View comments
很赞哦!(43267)
相关文章
- Labrador Iron Ore Royalty Corporation Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
- Why You Should Add Brown & Brown (BRO) to Your Portfolio
- BRIEF-Henan Hengxing Science & Technology's Unit Plans To Invest 2.1 Bln Yuan In Project
- Have Insiders Been Buying Citizens First Corporation (NASDAQ:CZFC) Shares?
- FTC Sending More Than $470K to People Duped by My7Network, ‘Bitcoin Funding Team’ Scams
- Biden's Treasury nominee Yellen discloses paid speaking gigs for financial firms
- Biocartis Group NV: Disclosure of a transparency notification
- BRIEF-Shenzhen Exchange Filing Shows Block Trade Of Yuto Packaging Technology's Shares
- Comtech Augments Tactical Communications With COMET Launch
- Communiqué: Orange acquires SecureData to increase its international reach and expertise in cybersecurity
热门文章
- BRIEF-CITIC Ltd Updates On The Proposed Restructuring Of Daye Special Steel
- CSSE: CSSE Buys Remaining 25.1% of A+ at a $15 Million Valuation to Save $5 Million Per Year
- Here's What The Hershey Company's (NYSE:HSY) ROCE Can Tell Us
- Go-Jek Raises $1 Billion From Google, Tencent and Other Internet Giants
站长推荐
Bellerophon Provides Clinical Program Update and Reports Third Quarter 2020 Financial Results
NFL Secures Injunction Against 200 Unknown Defendants
Survey Says: Watch Out for Attorneys With Their Lies, Expletives and Nasty Email
SSE to sell stake in Stronelairg, Dunmaglass wind farms in Scotland
InvestmentPitch Media Video Discusses Recent eResearch Buy Recommendation on Peak Positioning Technologies, Parent Company of a Group of FinTech Subsidiaries operating in China - Video Available on Investmentpitch.com
Has The Progressive (PGR) Outpaced Other Finance Stocks This Year?
China says trade talks with U.S. made 'important progress'-Xinhua
S&P 500 Has Only Been This Expensive One Other Time — At The Peak Of The Dot-Com Bubble
友情链接
- Dollar Slumps to Multi-year Lows; EUR/USD tracks 1.20
- Green Dot: 3Q Earnings Snapshot
- Unusual Options Activity Insight: Plug Power
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sasol Limited of Class Action Lawsuit and Upcoming Deadline - SSL
- FOREX-Dollar on back foot as recovery optimism persists
- Taylor Monahan on Crypto’s Divergent Possibilities in 2020
- Transformative Mega Trends Reshaping the Indian ICT Landscape
- GLOBAL MARKETS-Rally pauses ahead of ECB stimulus plan
- Global 5G infrastructure market size to reach USD 47.6 Billion by 2027
- StockBeat: No Hiding Place (Except Tesco)