Toast (TOST) Flat As Market Gains: What You Should Know

Company Performance - Toast's shares have increased by 8.84% over the last month, outperforming the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38% [1] - In the latest trading session, Toast closed at $25.72, with no change from the previous day, which was less than the S&P 500's daily gain of 0.09% [4] - The Zacks Consensus Estimates suggest analysts expect Toast to report earnings of -$0.14 per share and revenue of $4.9 billion for the full year, marking changes of +70.21% and +26.71% respectively from last year [5] Analyst Estimates - Recent changes to analyst estimates for Toast reflect short-term business trends, with positive revisions indicating analyst optimism about the company's business and profitability [2] - The Zacks Consensus EPS estimate for Toast has moved 8.83% higher over the past month, and the company currently holds a Zacks Rank of 2 (Buy) [6] Upcoming Earnings - Toast is projected to report earnings of -$0.02 per share in its upcoming earnings disclosure, representing year-over-year growth of 89.47% [8] - The latest consensus estimate predicts revenue of $1.23 billion for the upcoming quarter, indicating a 25.45% increase compared to the same quarter of the previous year [8] Industry Context - The Internet - Software industry, which includes Toast, has a Zacks Industry Rank of 83, placing it in the top 33% of over 250 industries [3] - The Zacks Industry Rank assesses the strength of industry groups by calculating the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [10]