Toast Inc expected to post a loss of 14 cents a share - Earnings Preview

Toast

05/08/2023 03:08

* Toast Inc  TOST.N   TOST.K  is expected to show a rise in
quarterly revenue when it reports  results on August 8. 
    * The Boston Massachusetts-based  company is expected to
report  a
39.6% increase in revenue to $941.984 million from $675 million
a year ago, according to the mean estimate from 19 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Toast Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Toast Inc
is
$24.25​, above​ its last closing price of $20.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.18       -0.17      -0.15     Beat    13.2
 Dec. 31 2023  -0.12       -0.14      -0.19     Missed  -39.8
 Sep. 30 2022  -0.08       -0.10      -0.03     Beat    69.1​
 Jun. 30 2022  -0.12       -0.12      -0.08     Beat    35.7
 ​​Mar.        -0.13       -0.13      -0.09     Beat    29.6
 31 2022                                                
 Dec. 31 2021  -0.13       -0.12      -0.10     Beat    18.9​
 Sep. 30 2021  -0.25       -0.25      -0.07     Beat    72.2
 This summary was machine generated August 5 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated