Why Roper Technologies Stock Popped 13% This Morning
Roper Technologies (NYSE: ROP) reported fiscal Q1 2020 earnings this morning, sending its shares 13% higher in early trading. As of 10:45 a.m. EDT, the industrial automation software maker's stock remains up a healthy 6.2%.
Roper reported adjusted profits of $3.05 per diluted share, ahead of analysts' expected $2.91. Sales for the quarter likewise exceeded expectations -- $1.35 billion versus the $1.3 billion that analysts had predicted.
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Source Fool.com
