Roper Technologies sees FY24 adjusted EPS $17.85-$18.15, consensus $18.33

“We’re entering 2024 with continued positive momentum, fueled by the ongoing expansion of our recurring revenue base and demand for our businesses’ mission critical solutions. In addition, as previously announced last week, we reached an agreement to acquire Procare Solutions, a leading software provider for the childcare market. Procare is a terrific, high-growth addition to the Roper portfolio,” said Neil Hunn, Roper Technologies’ President and CEO. “With a solid organic outlook, contributions from our recent acquisitions, a strong balance sheet, and a large pipeline of attractive M&A opportunities, we remain well positioned to continue our compelling cash flow compounding,” concluded Hunn. The Company expects full year total revenue growth of +11 – 12% and organic revenue growth of +5 – 6%. Roper’s guidance includes the impact of the previously announced acquisition of Procare Solutions, expected to close in the Q1. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.