StepStone Group Inc. (STEP) Surpasses Q4 Earnings and Revenue Estimates

Core Viewpoint - StepStone Group Inc. reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and showing a significant increase from $0.33 per share a year ago, representing an earnings surprise of 47.83% [1][2] Financial Performance - The company posted revenues of $295.86 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 25.90%, although this is a decline from year-ago revenues of $356.81 million [2] - Over the last four quarters, StepStone Group has exceeded consensus EPS estimates three times and has topped consensus revenue estimates three times as well [2] Stock Performance and Outlook - StepStone Group shares have declined approximately 2.8% since the beginning of the year, compared to a decline of 0.6% for the S&P 500 [3] - The company's earnings outlook is uncertain, with current consensus EPS estimates for the coming quarter at $0.42 on revenues of $228.37 million, and $1.77 on revenues of $995.62 million for the current fiscal year [7] Industry Context - The Financial - Miscellaneous Services industry, to which StepStone Group belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges for stock performance [8]