CORRECTED - CORRECTED-(Oct 26)-UPDATE 2-Roper Industries Q3 trails Street, s

(Corrects first bullet point to show the company missed EPS estimate by 1 cent, not 3 cents)

* Q3 EPS misses estimate by 1 cent

* Rev falls 18 pct

* Cuts FY09 earnings view

* Shares fall as much as 6 pct (Recasts; Adds conference call details, analyst comments, updates share movement)

By Bhaswati Mukhopadhyay

BANGALORE, Oct 26 (Reuters) - Diversified manufacturer Roper Industries Inc (ROP.N) reported third-quarter results that fell short of market estimates as some orders from the period got pushed to the fourth quarter, and cut its full-year earnings outlook, sending its shares down 6 percent.

Roper Industries' radio frequency (RF) technology segment may see a challenging environment in 2010, analyst Mark Douglass of Longbow Research said.

The RF Technology business, which has been very lumpy, will see a tough year ahead as a lot of the sales are driven by highway tolling activity, Douglass said.

While tolling is a revenue generator for states, they may not have enough cash outlay to invest in automated tolling, said Douglass, who has a "neutral" rating on the stock.

Roper -- whose segments also include industrial technology, and scientific and industrial imaging -- now sees 2009 earnings of $2.57 to $2.63 a share, excluding the impact of restructuring costs and future acquisitions.

It earlier forecast adjusted earnings of $2.60 to $2.72 a share. Analysts on average were expecting earnings of $2.60, according to Thomson Reuters I/B/E/S.

"We are just waiting for Roper to make some acquisitions, which it has not done since September 2008," Douglass said.

"That is what a lot of investors are getting nervous about as this company is driven by acquisitions more so than organic growth," he said, adding, "without some acquisitions, Roper is not going to get a whole lot of accretion in 2010."

Roper Industries provides engineered products and solutions for water, energy and healthcare markets.

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