Roper Q1 2024 Earnings Report
Key Takeaways
Roper Technologies reported a strong start to 2024 with a 14% increase in revenue, driven by 8% organic revenue growth. The company's GAAP earnings per share increased by 33%, and they have raised their full-year adjusted DEPS guidance.
Revenue increased by 14% to $1.68 billion, with organic revenue growth of 8%.
GAAP DEPS increased by 33% to $3.54, while adjusted DEPS rose by 13% to $4.41.
GAAP net earnings increased by 34% to $382 million.
The company increased its full-year 2024 adjusted DEPS guidance to $18.05 - $18.25.
Roper
Roper
Roper Revenue by Segment
Forward Guidance
Roper Technologies has increased its full year 2024 adjusted DEPS guidance to $18.05 - $18.25. For the second quarter of 2024, the Company expects adjusted DEPS of $4.42 - $4.46. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.
Revenue & Expenses
Visualization of income flow from segment revenue to net income