Roper Industries (ROP $87.03 +2.57) reported second quarter earnings
of $1.03 per share, ex-items ($1.08 GAAP), may not be comparable to the Capital
IQ Consensus Estimate of $0.99.
Revenues rose 23.5% year/year to $700 million versus the $680.1 million
consensus.
For the fiscal year 2011, the company raised guidance its earnings guidance to
$4.20 to $4.30, up from $3.97 to $4.12 versus the $4.12 Capital IQ Consensus
Estimate.
Orders for the quarter were a record $708 million. Gross margin expanded to
53.9% and operating income was $164 million, representing 23.4% of sales.






