Roper Industries's Earnings Beat Last Year's by 17%

Roper Industries (NYSE: ROP  ) reported earnings on April 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Roper Industries missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew.

Margins increased across the board.

Revenue details
Roper Industries reported revenue of $737.1 million. The seven analysts polled by S&P Capital IQ wanted to see a top line of $776.6 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.27. The 11 earnings estimates compiled by S&P Capital IQ averaged $1.22 per share. Non-GAAP EPS of $1.27 for Q1 were 17% higher than the prior-year quarter's $1.09 per share. GAAP EPS of $1.25 for Q1 were 15% higher than the prior-year quarter's $1.09 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 57.2%, 220 basis points better than the prior-year quarter. Operating margin was 25.1%, 110 basis points better than the prior-year quarter. Net margin was 16.9%, 170 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $807.9 million. On the bottom line, the average EPS estimate is $1.39.

Next year's average estimate for revenue is $3.29 billion. The average EPS estimate is $5.73.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 117 members out of 126 rating the stock outperform, and nine members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 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 hold, with an average price target of $126.60.

If you're interested in companies like Roper Industries, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.

Add Roper Industries to My Watchlist.