Toast, Inc. (NYSE:TOST) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Michael Senno - SVP, Finance & Strategy, Treasury and IR Aman Narang - Co-Founder, CEO & Director Elena Gomez - CFO Conference Call Participants Joshua Baer - Morgan Stanley David Hynes - Canaccord Genuity Harshita Rawat - Sanford C. Bernstein & Co. Peter Heckmann - D.A. Davidson & Co. Timothy Chiodo - UBS Dominic Ball - Redburn Tien-Tsin Huang - JPMorgan Chase & Co. Jason Kupferberg - Bank of America Merril ...

Toast (TOST) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this restaurant software provider would post a loss of $0.11 per share when it actually produced a loss of $0.07, delivering a surprise of 36.36%.Over the last four quarters, the company ha ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40819 Toast, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4168768 (I.R.S. Employer ...

Toast Announces First Quarter 2024 Financial Results Added over 6,000 net new Locations in first quarter 2024 Annualized recurring run-rate (ARR) as of March 31, 2024 grew 32% to $1.3 billion First quarter net loss was $(83) million and Adjusted EBITDA was $57 million BOSTON, MA – May 7, 2024 – Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024. "Toast is off to a strong start in 2024. Our first qu ...

Toast (TOST) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture ...

These stocks are setting the stage for huge comebacks.When a stock you like scares you off with a significant loss in value, remember Warren Buffett's mandate to be greedy when others are fearful. Of course, tanking stock prices need to be evaluated in context -- they can scream value trap or opportunity.When they scream opportunity, let go of the fear and dive in. Toast (TOST 2.57%) and Take-Two Interactive (TTWO 1.31%) are two amazing stocks to buy while they're down.A massive opportunity to disrupt the r ...

The most recent trading session ended with Toast (TOST) standing at $23.07, reflecting a -0.52% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Heading into today, shares of the restaurant software provider had lost 5.27% over the past month, lagging the Computer and Technology sector's loss of 5.13% and the S&P 500's loss of 3.01% in that time.I ...

The company exists in a tough economic environment and hasn't yet proven it can make money consistently.A cautionary note for all the stock analyst watchers out there -- a price target increase does not automatically mean a buy recommendation.A notable example of this dichotomy can be seen in a change one pundit made to his price target on specialty tech stock Toast (TOST -4.83%). The analyst is concerned that the company will face mounting competition, and will struggle to win the large clients it needs to ...

There are still great stocks on the market at great prices.Is it really possible that a stock down 63% is worth buying today? Does that mean the investing community is getting something wrong?Toast (TOST 0.22%) stock is reporting strong growth metrics, but its stock has plummeted. Let's see why it has been declining, what investors might be missing, and its plunging price could be an opportunity.What does Toast do anyway?Toast is a tech company that provides software-as-a-service (SaaS) solutions for the re ...

Toast (TOST 3.42%) is a little rough around the edges. The company has made a few notable missteps in recent quarters, adding friction to what could have been a triumphant rebound.Instead, Toast's stock still trades 66% below the all-time highs it set just before the inflation crisis started in 2021. The fast-growing provider of software tools and payment services for restaurant management is unprofitable and a downright controversial investing idea.Even so, I think Toast is a fantastic growth stock to buy ...