Toast, Inc. Earns Zacks Rank #1 (Strong Buy) on Rising Earnings Estimates

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Summary · why it matters

Toast, Inc. has received a Zacks Rank #1 (Strong Buy), indicating it may outperform the broader market in the near term. The restaurant software provider's consensus earnings estimate for the current quarter stands at $0.32 per share, up 33.3% from a year ago, and has been revised 1.9% higher over the past 30 days. For the current fiscal year, the estimate of $1.35 per share reflects a 51.7% increase and a 1.8% upward revision over the same period. Toast shares have returned 14.5% over the past month, while the Zacks Internet - Software industry lost 3.6% and the S&P 500 composite declined 1.4%.

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Cloud & Digital Infrastructure▲ · 1 stocks
Toast Inc
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Zacks Rank #1 (Strong Buy) based on rising earnings estimates, indicating positive analyst sentiment and expected outperformance.