Headquartered in Sarasota, Florida, Roper Technologies, Inc. (ROP – Analyst Report) designs, manufactures and distributes medical and scientific imaging products and software, radio frequency (RF) products, services and application software, industrial technology products and energy systems and controls products and solutions.

Roper Technologies caters to selected segments of a broad range of markets, which include oil & gas, scientific research, medical diagnostics, semiconductor, refrigeration, automotive, water & wastewater, power generation, agricultural irrigation and other niche industries.

However, the company is significantly exposed to cyclical slowdown in markets like Energy and Industrial. Sluggish macroeconomic growth is a concern for the company, as it lowers infrastructure spending, which negatively impacts Roper’s overall growth.

Zacks Rank: Currently, Roper Technologies has a Zacks Rank#3 (Hold) but that could change following its fourth quarter 2015 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Roper reported adjusted earnings per share of $1.82, down 1.6% year over year and also missing the Zacks Consensus Estimate of $1.86.

For first quarter of 2016, the company expects adjusted earnings in the range of $1.42 to $1.47 while for the full year; earnings are projected to be between $6.85 and $7.15.

Revenue: Revenues of $943.6 million were down 0.3% year over year and also fell below the Zacks Consensus Estimate of $960.5 million.

Key Stats: Adjusted operating margin of the company was unchanged from the prior year quarter at 30.1%.

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