Roper Q2 2020 Earnings Report
Key Takeaways
Roper Technologies reported a decrease in second quarter GAAP and adjusted revenue by 2% to $1.30 billion and $1.31 billion, respectively. GAAP diluted earnings per share was $2.08 and adjusted diluted earnings per share was $2.94. The company is updating 2020 guidance and now expects full year adjusted DEPS of $11.90 - $12.40.
GAAP and adjusted revenue each decreased 2% to $1.30 billion and $1.31 billion, respectively.
Organic revenue decreased 3%.
GAAP diluted earnings per share (“DEPS”) was $2.08 and adjusted DEPS was $2.94.
Adjusted free cash flow increased 10% to $315 million.
Roper
Roper
Roper Revenue by Segment
Forward Guidance
The Company now expects full year adjusted DEPS of $11.90 - $12.40, compared to previous guidance of $11.60 - $12.60. For the third quarter of 2020, the Company expects adjusted DEPS of $2.90 - $3.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income