SARASOTA, Fla. (AP) _ Roper Technologies Inc. (ROP) on Friday reported third-quarter profit of $289.5 million.
On a per-share basis, the Sarasota, Florida-based company said it had profit of $2.71. Earnings, adjusted for one-time gains and costs, were $3.91 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.86 per share.
The industrial equipment maker posted revenue of $1.46 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.62 billion.
For the current quarter ending in December, Roper Technologies expects its per-share earnings to range from $3.62 to $3.66. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.96.
The company expects full-year earnings in the range of $15.26 to $15.30 per share.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP
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