Roper IndustriesRoper Industries Inc. (ROP) is set to report third quarter 2014 results on Oct 27. Last quarter, it posted a 4% positive surprise. The company has posted an average positive earnings surprise of 3.3% over the past four quarters.
Roper Industries Inc. (ROP) is set to report third quarter 2014 results on Oct 27. Last quarter, it posted a 4% positive surprise. The company has posted an average positive earnings surprise of 3.3% over the past four quarters.
Let’s see how things are shaping up for this announcement.
Growth Factors this Past Quarter
We believe that a strong backlog coupled with robust organic growth will drive earnings going forward. Moreover, Roper’s recent acquisitions of medical solution providers including the likes of Strategic Healthcare Programs and Innovative Product Achievements will definitely expand its product portfolio and give a significant boost to the company’s top line growth going forward.
However, macroeconomic concerns, integration issues due to acquisitions and competition from Danaher Corp., Dover Corp (DOV) and Ingersoll-Rand Plc are possible headwinds for the company. Further, a high debt level is a major concern for the company.
Earnings Whispers?
Our proven model does not conclusively show that Roper is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Ranks of #1, 2 or 3 for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at $1.53 per share. Hence, the difference is of 0.00%.
Zacks Rank #2 (Buy): Though Zacks Ranks #1, 2 or 3 increase the predictive power of ESP, the company’s ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.
Other Stocks to Consider
Here are a couple of other companies you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:
Facebook Inc. (FB) with Earnings ESP of +6.25% and a Zacks Rank #2
Invensense Inc. (INVN) with Earnings ESP of +10.00% and a Zacks Rank # 2
Roper Industries Inc. (ROP) is set to report third quarter 2014 results on Oct 27. Last quarter, it posted a 4% positive surprise. The company has posted an average positive earnings surprise of 3.3% over the past four quarters.
Let’s see how things are shaping up for this announcement.
Growth Factors this Past Quarter
We believe that a strong backlog coupled with robust organic growth will drive earnings going forward. Moreover, Roper’s recent acquisitions of medical solution providers including the likes of Strategic Healthcare Programs and Innovative Product Achievements will definitely expand its product portfolio and give a significant boost to the company’s top line growth going forward.
However, macroeconomic concerns, integration issues due to acquisitions and competition from Danaher Corp., Dover Corp (DOV) and Ingersoll-Rand Plc are possible headwinds for the company. Further, a high debt level is a major concern for the company.
Earnings Whispers?
Our proven model does not conclusively show that Roper is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Ranks of #1, 2 or 3 for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at $1.53 per share. Hence, the difference is of 0.00%.
Zacks Rank #2 (Buy): Though Zacks Ranks #1, 2 or 3 increase the predictive power of ESP, the company’s ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.
Other Stocks to Consider
Here are a couple of other companies you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:
Facebook Inc. (FB) with Earnings ESP of +6.25% and a Zacks Rank #2
Invensense Inc. (INVN) with Earnings ESP of +10.00% and a Zacks Rank # 2
Inc. (ROP) is set to report third quarter 2014 results on Oct 27. Last quarter, it posted a 4% positive surprise. The company has posted an average positive earnings surprise of 3.3% over the past four quarters.
Let’s see how things are shaping up for this announcement.
Growth Factors this Past Quarter
We believe that a strong backlog coupled with robust organic growth will drive earnings going forward. Moreover, Roper’s recent acquisitions of medical solution providers including the likes of Strategic Healthcare Programs and Innovative Product Achievements will definitely expand its product portfolio and give a significant boost to the company’s top line growth going forward.
However, macroeconomic concerns, integration issues due to acquisitions and competition from Danaher Corp., Dover Corp (DOV) and Ingersoll-Rand Plc are possible headwinds for the company. Further, a high debt level is a major concern for the company.
Earnings Whispers?
Our proven model does not conclusively show that Roper is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Ranks of #1, 2 or 3 for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at $1.53 per share. Hence, the difference is of 0.00%.
Zacks Rank #2 (Buy): Though Zacks Ranks #1, 2 or 3 increase the predictive power of ESP, the company’s ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.
Other Stocks to Consider
Here are a couple of other companies you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:
Facebook Inc. (FB) with Earnings ESP of +6.25% and a Zacks Rank #2
Invensense Inc. (INVN) with Earnings ESP of +10.00% and a Zacks Rank # 2
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