SARASOTA, Fla. (AP) _ Roper Technologies Inc. (ROP) on Tuesday reported third-quarter profit of $234.4 million.

The Sarasota, Florida-based company said it had profit of $2.21 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $3.17 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.

The industrial equipment maker posted revenue of $1.37 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.35 billion.

For the current quarter ending in December, Roper Technologies expects its per-share earnings to range from $3.39 to $3.49. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.44.

The company expects full-year earnings in the range of $12.55 to $12.65 per share.

Roper Technologies shares have climbed 18% since the beginning of the year, while the Standard & Poor's 500 index has increased slightly more than 5%. The stock has risen 26% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROP at https://www.zacks.com/ap/ROP

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