StepStone Group (STEP) Moves 6.6% Higher: Will This Strength Last?

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This company is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of +34.6%. Revenues are expected to be$ 183.5 million, up 3.1% from the year-ago quarter. For StepStone Group, the consensus EPS estimate ...