Toast Inc reports results for the quarter ended in June - Earnings Summary

Toast

09/08/2023 24:26

* Toast Inc  TOST.N  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in June. The mean
expectation of nineteen analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 44.9% to $978.00 million from a year ago;
analysts
expected $941.98 million. 
    * Toast Inc's reported EPS for the quarter was a loss of 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Toast Inc shares had fallen by 9.7% this quarter and
gained 13.0% so far this year.
    * The company reported a quarterly loss of $98 million.
    * Wall Street's median 12-month price target for Toast Inc
is
$24.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 11:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          -0.19          Missed
 Mar. 31 2023      -0.17          -0.15          Beat
 Dec. 31 2022      -0.14          -0.19          Missed
 Sep. 30 2022      -0.10          -0.03          Beat