Toast Inc reports results for the quarter ended December 31 - Earnings Summary

Toast

20/02/2025 01:12

* Toast Inc  TOST.N  reported quarterly adjusted earnings of
5
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of -7
cents.  The mean expectation of twenty four analysts for the
quarter was for earnings of 6 cents per share. Wall Street
expected results to range from 3 cents to 9 cents per share.
    * Revenue rose 29.2% to $1.34 billion from a year ago;
analysts
expected $1.31 billion. 
    * Toast Inc's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $33 million.
    * Toast Inc shares had risen by 15.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 15
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Toast Inc is
$40.00 
This summary was machine generated from LSEG data February 20 at
01:11 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.06           0.05           Missed
 Sep. 30 2024      0.01           0.05           Beat
 Jun. 30 2024      -0.02          0.02           Beat
 Mar. 31 2024      -0.14          -0.15          Missed