Roper (ROP) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Roper Technologies’ (ROP) fourth-quarter 2023 adjusted earnings of $4.34 per share beat the Zacks Consensus Estimate of$4.33. On a year-over-year basis, earnings increased 11%.Roper’s net revenues of $1,613.5 million beat the consensus estimate of$1,575 million. The top line increased 12.8% year over year. Organic sales in the quarter increased 8% year over year, owing to strength across the three segments. Acquisitions boosted sales by 4%.Segmental PerformanceRoper divested its Process Technologies segme ...