StepStone Group Inc reports results for the quarter ended December 31 - Earnings Summary

StepStone

06/02/2025 23:29

* StepStone Group Inc  STEP.OQ  reported quarterly adjusted
earnings of 44 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 37 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 45 cents per
share. Wall Street expected results to range from 39 cents to 49
cents per share.
    * Revenue rose 123.8% to $339.02 million from a year ago;
analysts
expected $225.96 million. 
    * StepStone Group Inc's reported EPS for the quarter was a
loss of
$2.61​.
    * The company reported a quarterly loss of $192.02 million.
    * StepStone Group Inc shares had risen by 12.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for StepStone Group
Inc is $65.00 
This summary was machine generated from LSEG data February 6 at
11:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.45           0.44           Missed
 Sep. 30 2024      0.46           0.45           Missed
 Jun. 30 2024      0.35           0.48           Beat
 Mar. 31 2024      0.28           0.33           Beat