Toast (TOST) Q2 Earnings Meet Estimates

Group 1: Earnings Performance - Toast reported quarterly earnings of $0.24 per share, matching the Zacks Consensus Estimate, and showing a significant increase from $0.02 per share a year ago [1] - The company posted revenues of $1.55 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 1.10% and up from $1.24 billion year-over-year [2] - Over the last four quarters, Toast has surpassed consensus EPS estimates two times and revenue estimates three times [2][1] Group 2: Stock Performance and Outlook - Toast shares have increased approximately 35.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.6% [3] - The future stock price movement will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][3] - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $1.57 billion, and for the current fiscal year, it is $0.95 on revenues of $6.01 billion [7] Group 3: Industry Context - The Internet - Software industry, to which Toast belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Toast's stock performance [5]