SARASOTA, Fla. (AP) _ Roper Technologies Inc. (ROP) on Tuesday reported first-quarter profit of $289 million.

The Sarasota, Florida-based company said it had net income of $2.73 per share. Earnings, adjusted for one-time gains and costs, were $3.60 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.32 per share.

The industrial equipment maker posted revenue of $1.53 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.51 billion.

For the current quarter ending in July, Roper Technologies expects its per-share earnings to range from $3.61 to $3.65. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.59.

The company expects full-year earnings in the range of $14.75 to $15 per share.

Roper Technologies shares have increased slightly since the beginning of the year, while the S&P's 500 index has climbed 11%. The stock has climbed 41% 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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