NEW YORK (TheStreet) -- Roper Industries (ROP - Get Report) shares closed trading up 1.55% to $172.55 on Monday after the medical and scientific imaging product manufacturer released its first quarter earnings results before the opening bell today.

The company reported first quarter earnings of $155.8 million, or $1.55 per diluted share on an adjusted basis. Roper's EPS was 9 cents better than the company reported during the same period last year and three cents better than the $1.52 analysts were expecting the company to report for the quarter.

Revenue of $865.3 million rose 4% over the same period last year, but fell short of analysts' $873 million guidance for the quarter.

The company issued full year earnings guidance between $6.75 and $6.95 per share.

TheStreet Ratings team rates ROPER INDUSTRIES INC/DE as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate ROPER INDUSTRIES INC/DE (ROP) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

ROP Chart ROP data by YCharts

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