Roper forecasts 2026 revenue, profit below estimates on soft government contract demand
Core Viewpoint - Roper Technologies has projected 2026 revenue and profit figures that fall short of Wall Street expectations, primarily due to weakened demand in its government contracting unit, Deltek, resulting in a 14.9% decline in the company's shares [1] Group 1 - Roper Technologies' forecast for 2026 revenue and profit is below Wall Street estimates [1] - The decline in demand is specifically attributed to the government contracting unit, Deltek [1] - Following the announcement, Roper Technologies' shares experienced a significant drop of 14.9% [1]