UPDATE 1-Roper Industries Q2 profit beats Street

(Recasts; adds details, share movement)

July 24 (Reuters) - Diversified manufacturer Roper Industries Inc (ROP.N: Quote, Profile, Research, Stock Buzz) posted better-than-expected quarterly profit, helped by margin expansion and an increase in orders, and also raised its full-year earnings outlook.

For the second quarter, net income was $75.7 million, or 80 cents a share, compared with $61.2 million, or 66 cents a share, in the year-ago period.

The results include a one-time pretax charge of $3.5 million in the industrial segment, the company said.

Analysts on average were expecting earnings of 78 cents a share, before special items, according to Reuters Estimates. Revenue rose 12 percent to $594 million, but missed analysts' average expectation of $601.9 million.

Operating margins expanded 100 basis points to 21.3 percent in the quarter, while net orders rose 14 percent. For the third quarter, the company expects earnings of 81 cents to 83 cents a share. Analysts were expecting 83 cents a share, before special items. For the full year, it now sees earnings of $3.16 to $3.22 a share, up from its prior view of $3.13 to $3.21 a share. Analysts were expecting earnings of $3.19 a share. Shares of the company rose 1 percent to $63.22 in trading after the bell. They closed at $62.59 Thursday on the New York Stock Exchange. (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Himani Sarkar)