StepStone Group Inc (STEP) reported better-than-expected financial results for the second quarter of fiscal 2026. The company achieved earnings per share (EPS) of $0.54, surpassing Wall Street's consensus estimate of $0.49 by $0.05. Revenue matched expectations at $0.3 billion.
This update provides insight into StepStone's operational performance and financial health, suggesting stronger-than-anticipated business fundamentals. The firm, headquartered in New York City, specializes in private markets investment and partners with clients to build tailored portfolios across private equity, infrastructure, private debt, and real estate.
StepStone will host its earnings conference call after market close to discuss these results and provide additional commentary on its business performance. Investors are encouraged to review the full earnings release and listen to management's insights for a comprehensive understanding of the quarter's performance and future outlook.
With a market capitalization of $7,189.68 million and a trailing twelve-month EPS of -3.09, StepStone continues to navigate the complexities of the financial services industry. The company is set to report its next earnings on August 4, 2026, with analysts estimating an EPS of $0.5783.