StepStone Group Q4 Adj. EPS $0.24 Misses $0.28 Estimate, Sales $172.37M Beat $145.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
StepStone Group reported Q4 earnings of $0.27 per share, missing the analyst consensus estimate of $0.28 by 3.57%. Sales were $172.37M, beating the estimate of $145.36M by 18.58%. This represents a 28.95% decrease in earnings and a 52.73% decrease in sales compared to the same period last year.
May 24, 2023 | 8:11 pm
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StepStone Group's Q4 earnings missed estimates by 3.57% at $0.27 per share, while sales beat estimates by 18.58% at $172.37M. Earnings and sales decreased by 28.95% and 52.73% YoY, respectively.
StepStone Group's Q4 earnings missed analyst estimates, which may negatively impact the stock price in the short term. However, sales beat estimates, which could partially offset the negative impact. The significant YoY decreases in both earnings and sales may also contribute to a negative short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100