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

StepStone

22/05/2025 22:01

StepStone Group Inc STEP.OQ reported quarterly adjusted earnings of 68 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 33 cents.  The mean expectation of six analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 40 cents to 47 cents per share.

Revenue rose 39.1% to $213.40 million from a year ago; analysts expected $229.37 million.

The company reported a quarterly loss of $18.51 million.

StepStone Group Inc shares had risen by 7.7% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 $54.00

This summary was machine generated from LSEG data May 22 at 09:00 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
Mar. 31 2025
0.44
0.68
Beat
Dec. 31 2024
0.45
0.44
Missed
Sep. 30 2024
0.46
0.45
Missed
Jun. 30 2024
0.35
0.48
Beat