Toast (TOST) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates Toast (TOST) to report a significant year-over-year increase in earnings driven by higher revenues, with actual results being crucial for near-term stock price movements [1][2]. Earnings Expectations - Toast is expected to report quarterly earnings of $0.24 per share, reflecting a year-over-year increase of +1100% [3]. - Revenue projections stand at $1.53 billion, which is a 23.4% increase compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [4]. - A positive Earnings ESP of +1.70% suggests that analysts have recently become more optimistic about Toast's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [10]. - Toast currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12]. Historical Performance - In the last reported quarter, Toast was expected to post earnings of $0.19 per share but exceeded expectations with earnings of $0.20, resulting in a surprise of +5.26% [13]. - Over the past four quarters, Toast has beaten consensus EPS estimates three times [14]. Conclusion - While Toast does not appear to be a compelling candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].