Roper Industries Increases Sales but Misses Revenue Estimate

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Roper Industries (NYS: ROP) reported earnings today. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Roper Industries missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew.

Margins improved across the board.

Revenue details
Roper Industries tallied revenue of $739.2 million. The seven analysts polled by S&P Capital IQ hoped for a top line of $760.4 million. Sales were 8.8% higher than the prior-year quarter's $679.5 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at $1.23. The 10 earnings estimates compiled by S&P Capital IQ predicted $1.21 per share. GAAP EPS of $1.23 for Q4 were 11% higher than the prior-year quarter's $1.11 per share.

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Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 54.9%, 20 basis points better than the prior-year quarter. Operating margin was 25.3%, 80 basis points better than the prior-year quarter. Net margin was 16.5%, 70 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $701.6 million. On the bottom line, the average EPS estimate is $1.04.

Next year's average estimate for revenue is $3.03 billion. The average EPS estimate is $4.72.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 122 members rating the stock outperform, and seven members rating it underperform. Among CAPS All-Stars (recommendations by the highest-ranked CAPS members), 41 give Roper Industries a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Roper Industries is outperform, with an average price target of $86.91.

At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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