StepStone Group Inc. reports results for the quarter ended June 30 - Earnings Summary
StepStone Group Inc. reports results for the quarter ended June 30 - Earnings Summary
StepStone Group Inc. STEP.OQ reported quarterly adjusted earnings of 48 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of seven analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 47 cents to 54 cents per share.
Revenue rose 4% to $378.89 million from a year ago; analysts expected $309.32 million.
StepStone Group Inc.'s reported EPS for the quarter was a loss of $1.41.
The company reported a quarterly loss of $115.82 million.
StepStone Group Inc. shares had risen by 20.5% this quarter and lost 22.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.9% 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 7 "strong buy" or "buy," 1 "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 $63.00, about 20.9% above its last closing price of $49.82
This summary was machine generated from LSEG data August 6 at 10:24 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 |
Jun. 30 2026 | 0.51 | 0.48 | Missed |
Mar. 31 2026 | 0.51 | 0.57 | Beat |
Dec. 31 2025 | 0.59 | 0.65 | Beat |
Sep. 30 2025 | 0.49 | 0.54 | Beat |
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