Toast (TOST) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.36%. 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 $0.09, delivering a surprise of 18.18%.Over the last four quarters, the company h ...

A screen displays the company logo for Toast Inc. during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2021. Toast, maker of restaurant management software, said on Thursday it will let go of 550 employees, about 10% of its workforce. The company also reported fourth-quarter earnings that surpassed Wall Street's expectations. Shares were initially up as much as 16% after hours but then gave back much of the gains. Here's how the company did, compared with the ...

Toast Inc.’s stock initially jumped 16% before cooling in after-hours trading Thursday after the company posted strong quarterly sales. The cloud-based restaurant-management software company TOST reported a fiscal fourth-quarter net loss of $36 million, or 7 cents a share, compared with a net loss of $99 million, or 19 cents a share, in the same quarter a year ago. Revenue... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. An ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Toast (TOST) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Toast is a member of our Computer and Technology group, which includes 621 different companies and currently sits at #12 in the Zack ...

The market expects Toast (TOST) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 15, 2024, might help the stock move higher if these key numbers are b ...

Restaurant management software specialist Toast (NYSE:TOST) — which provides software and hardware solutions to help restaurants streamline their operations and improve guest experiences — saw its market value pop on Wednesday. Earlier, Redburn Atlantic upgraded its assessment of the company, citing “underappreciated pricing power.” Additionally, restaurant sector sales point to possibly improving conditions in the industry, contributing to bullishness in TOST stock.According to a Seeking Alpha report, Redb ...

Does Toast (TOST -1.89%) have any rocket fuel left in its tanks?The restaurant management software expert's stock has gained 26% in less than three months, leaving the S&P 500 (SNPINDEX: ^GSPC) index far behind with an 8% gain over the same period. Moreover, the company isn't profitable and many investors shy away from its growth-oriented management style.Yet, I keep recommending Toast's stock to anyone who might listen. And I won't stop now, because this modest jump looks like the beginning of a long-term ...

In 2011, three friends founded Toast (TOST 5.12%) in the hopes of modernizing the restaurant industry with cloud-based, scalable technology solutions. In 2015, roughly 1,000 restaurants were using the company's products. But as of the third quarter of 2023, 99,000 restaurant locations were using Toast -- nearly a 100x increase in just eight years.This level of growth is a testament to what Toast has built. It's not the only company working in the space, but its ability to attract new customers (6,500 net ne ...

Restaurant-technology company Toast (TOST 5.12%) is unprofitable, and it's not even close to breaking even. Through the first three quarters of 2023, the company reported a net loss of $210 million on $2.8 billion in revenue.On top of this, Toast lost $762 million in 2021 and 2022 combined. In short, the business has lost roughly $1 billion in less than three years.In isolation, Toast's net losses make it look like a bad investment idea. But investing isn't about what's already happened; it's about what hap ...

From their late-2021 pinnacle to the current trough, Toast (TOST -4.18%) shares have taken a dizzying 74% price plunge. But this doesn't look like a downward spiral to me. Rather, I'd call it a runway for savvy investors. Let's see how the restaurant management software expert's steep drop appears to be a wide-open buying window.What does Toast do?Think of Toast as the Swiss Army knife for restaurateurs: From taking orders to crunching numbers, it's got nearly everything covered. Its cloud-based software co ...