Roper Technologies Cuts Profit Forecast: What's Next?
Update: 2025-10-23
Description
Roper Technologies' stock dipped after cutting its profit forecast due to acquisition costs, despite Q3 revenue surging 14% to $2.02 billion and EPS beating estimates. The software and automation giant, known for strategic acquisitions like DAT Freight & Analytics’ Convoy Platform and Orchard Software, expects adjusted 2023 EPS of $19.90-$19.95. A $3 billion share repurchase program was also announced.
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