StepStone Group Inc. (NASDAQ:STEP) is a global private markets investment firm that provides customized investment solutions and advisory services. The company operates within the Zacks Financial - Miscellaneous Services industry. On August 7, 2025, StepStone reported its earnings, revealing an earnings per share (EPS) of $0.40, which was slightly below the estimated $0.42. This performance marks a decline from the $0.48 EPS reported in the same quarter last year.
The earnings report for StepStone showed a negative surprise of 9.09%, as highlighted by Zacks. This is a significant shift from the previous quarter, where the company experienced a positive earnings surprise of 47.83%, with actual earnings of $0.68 per share against an expected $0.46. Over the past four quarters, StepStone has managed to exceed consensus EPS estimates twice, indicating some inconsistency in meeting market expectations.
In terms of revenue, StepStone generated approximately $237.5 million, slightly missing the estimated $238.4 million. This revenue figure represents a 0.33% shortfall from the Zacks Consensus Estimate. However, it is an improvement from the $221.16 million reported in the same quarter last year, showing growth in the company's revenue stream. Despite this growth, StepStone has only surpassed consensus revenue estimates twice in the last four quarters.
The price-to-sales ratio is about 8.51, suggesting that investors are willing to pay $8.51 for every dollar of sales. The enterprise value to sales ratio is also 8.51, while the enterprise value to operating cash flow ratio is approximately 51.60, implying a high multiple of its operating cash flow. StepStone has declared a quarterly cash dividend of $0.28 per share of Class A common stock, payable on September 15, 2025, to shareholders of record as of August 29, 2025.
