Toast Inc expected to post a loss of 2 cents a share - Earnings Preview

Toast

03/08/2024 24:10

* Toast Inc  TOST.N   TOST.K  is expected to show a rise in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
25.1% increase in revenue to $1.223 billion from $978 million a
year ago, according to the mean estimate from 21 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Toast Inc is for a loss
of 2
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 13
"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
$28.00​, above​ its last closing price of $24.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.10       -0.14      -0.15     Missed  -8.8
 Dec. 31 2024  -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.        -0.18       -0.17      -0.15     Beat    13.2
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated August 2 at 23:10 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)