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

StepStone

24/05/2023 22:01

* StepStone Group Inc  STEP.OQ  reported quarterly adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue rose 18.1% to $132.57 million from a year ago;
analysts
expected $145.36 million. 
    * StepStone Group Inc's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * StepStone Group Inc shares had fallen by 8.2% this
quarter and
lost 11.5% so far this year.
    * The company reported quarterly net income of $28.8
million.
    * Wall Street's median 12-month price target for StepStone
Group
Inc is $28.00 
    * 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 May
24 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.36           0.41           Beat