Toast (TOST) Surpasses Q3 Earnings and Revenue Estimates
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Toast (TOST) reported Q3 earnings of $0.07 per share, surpassing the Zacks Consensus Estimate of $0.01 per share, and showing significant improvement from a loss of $0.09 per share a year ago.
November 08, 2024 | 1:00 am
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Toast (TOST) reported better-than-expected Q3 earnings of $0.07 per share, significantly improving from a loss of $0.09 per share a year ago, and surpassing the Zacks Consensus Estimate of $0.01 per share.
The significant improvement in earnings from a loss to a profit and the surpassing of analyst expectations are likely to positively impact Toast's stock price in the short term. This indicates strong financial performance and growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100