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

Toast

04/05/2024 03:05

* Toast Inc  TOST.N   TOST.K  is expected to show a rise in
quarterly revenue when it reports  results on May 7 for the
period ending January 1 0001
    * The Boston Massachusetts-based  company is expected to
report a
27.2% increase in revenue to $1.041 billion from $819 million a
year ago, according to the mean estimate from 20 analysts, based
on LSEG data.
    * ​LSEG'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 12 "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
$25.00​, above​ its last closing price of $22.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.10       -0.10      -0.07     Beat    27.5
 Sep. 30 2023  -0.11       -0.10      -0.06     Beat    41.3
 Jun. 30 2023  -0.13       -0.14      -0.19     Missed  -34.8​
 Mar. 31 2023  -0.18       -0.17      -0.15     Beat    13.2
 ​​Jan.        -0.12       -0.14      -0.19     Missed  -39.8
 1 0001                                                 
 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. 31 2022  -0.13       -0.13      -0.09     Beat    29.6
 This summary was machine generated May 4 at 02:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)