NEW YORK (Standard&Poor's) Feb. 9, 2005--Roper Industries Inc. (BB+/Positive/--) announced that it is modestly raising its earnings guidance for 2004. Standard&Poor's Ratings Services said today that its ratings and outlook on Roper are not immediately affected by the company's announcement and that the current positive outlook incorporates improving results. The company's updated guidance reflects Roper's core operating results and excludes the acquisition of TransCore along with a related $5 million-$6 million, net of tax, estimated write-off of deferred financing costs. The guidance also excludes an estimated $2 million noncash inventory revaluation charge in connection with the acquisition of Neptune Technology Group Holdings Inc. Still, the updated guidance suggests an increase in earnings by about 3% from
