StepStone Group Inc. (STEP) shares ended the last trading session 14.8% higher at $48.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.6% loss over the past four weeks.

StepStone experienced a significant share price rise following the Trump administration’s announcement of a temporary halt of 90 days on reciprocal tariffs for most countries.  Besides, STEP leverages its global scale with local teams, multi-asset class expertise, and proprietary data platforms to offer full-service, customized solutions. Its strong client relationships, seasoned professionals and data-driven approach enhance investment performance. The firm benefits from diversified revenue streams, high client retention and scalable operations, positioning it well for sustained growth and market leadership.

This company is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of +42.4%. Revenues are expected to be $237.41 million, down 33.5% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For StepStone Group, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on STEP going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

StepStone Group is part of the Zacks Financial - Miscellaneous Services industry. Greystone Housing Impact Investors (GHI), another stock in the same industry, closed the last trading session 3.6% higher at $11.58. GHI has returned -12% in the past month.

Greystone Housing Impact's consensus EPS estimate for the upcoming report has changed -29.2% over the past month to $0.16. Compared to the company's year-ago EPS, this represents a change of -61.9%. Greystone Housing Impact currently boasts a Zacks Rank of #3 (Hold).

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This article originally published on Zacks Investment Research (zacks.com).

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