BUZZ-Roper Technologies rises on upbeat annual revenue forecast

Shares of software firm Roper Technologies ROP.O up as much as 7.6% at $584.31

Co forecasts annual revenue growth above estimates, signaling stable demand for its specialized software products

ROP sees annual revenue growth to be more than 10%, compared with analysts' estimate of 9.6% — data compiled by LSEG

Posts Q4 revenue of $1.88 billion, above estimates of $1.84 billion; adjusted EPS of $4.81, beating estimates of $4.73

However, co projects annual adjusted EPS of $19.75 to $20.00, compared with estimates of $20.06; expects Q1 adj EPS of $4.70 to $4.74 vs estimates of $4.84

ROP fell ~4% in 2024