StepStone Group Inc reports results for the quarter ended in June - Earnings Summary

StepStone

03/08/2023 23:16

* StepStone Group Inc  STEP.OQ  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue fell 37.1% to $152.78 million from a year ago;
analysts
expected $150.87 million. 
    * StepStone Group Inc's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * StepStone Group Inc shares had risen by 14.1% this
quarter and
gained 12.4% so far this year.
    * The company reported quarterly net income of $21.27
million.
    * Wall Street's median 12-month price target for StepStone
Group
Inc is $27.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.26           Missed
 Mar. 31 2023      0.28           0.24           Missed
 Dec. 31 2022      0.28           0.27           Missed
 Sep. 30 2022      0.27           0.33           Beat