分组1 - Toast reported quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share, compared to a loss of $0.07 per share a year ago, representing an earnings surprise of -16.67% [1] - The company posted revenues of $1.34 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2%, and compared to year-ago revenues of $1.04 billion [2] - Toast shares have increased approximately 15% since the beginning of the year, outperforming the S&P 500's gain of 4.2% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.05 on $1.36 billion in revenues, and $0.38 on $6.12 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank indicates that the Internet - Software sector is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this category [8]

Core Insights - Toast reported a strong revenue increase of 29% year-over-year, reaching $1.34 billion, surpassing analysts' expectations of $1.31 billion, but adjusted earnings per share (EPS) fell short at $0.05 compared to the expected $0.17, indicating operational challenges despite growth [2][3][4] Financial Performance - Revenue for Q4 2024 was $1.34 billion, a 29% increase from $1.04 billion in Q4 2023 [4] - Adjusted EBITDA rose significantly by 283% to $111 million, showcasing improved financial health [4][10] - Net income improved to $33 million from a net loss of $36 million in the previous year [4][7] - Free cash flow increased by 65% to $134 million compared to $81 million in Q4 2023 [4] Business Model and Market Position - Toast provides an all-in-one solution for the restaurant industry, integrating functionalities like POS systems and payment processing, aimed at streamlining operations [5] - The company has expanded its location count to approximately 134,000, reflecting significant year-over-year growth [6] - Key drivers of revenue growth included the addition of 28,000 new locations, contributing to a gross payment volume (GPV) of $42.2 billion, up 25% from the prior year [8] Future Outlook - For Q1 2025, Toast projects adjusted EBITDA between $100 million and $110 million, with a gross profit increase of 27%-30% in non-GAAP subscription services and financial technology solutions [12] - Management's strategy focuses on accelerating market penetration and diversifying platform offerings, while acknowledging potential economic challenges in the restaurant industry [12][13]

Financial Performance - Fourth quarter net income was $33 million, compared to a net loss of $(36) million in Q4 2023[5] - Full year 2024 net income was $19 million, compared to a net loss of $(246) million in 2023[5] - Adjusted EBITDA for the fourth quarter was $111 million, up from $29 million in Q4 2023[5] - The company reported a non-GAAP adjusted EBITDA of $253 million for the year ended December 31, 2024, compared to $277 million in 2023[22] - Adjusted EBITDA for Q4 2024 was $111 million, significantly up from $29 million in Q4 2023, and for the full year, it rose to $373 million from $61 million[32] - Free cash flow for Q4 2024 was $134 million, up from $81 million in Q4 2023, and for the full year, it increased to $306 million from $93 million[40] Revenue Growth - Total revenue for the full year 2024 was $4.96 billion, up from $3.87 billion in 2023[17] - Annualized recurring run-rate (ARR) increased 34% year over year to over $1.6 billion as of December 31, 2024[5] - Total Annualized Recurring Run-Rate (ARR) for 2024 was $1.626 billion, a 34% increase from $1.218 billion in 2023[32] - Payments Annualized Recurring Run-Rate (ARR) increased by 35% to $794 million in 2024 from $589 million in 2023, while Subscription ARR grew by 32% to $832 million from $629 million[32] Payment Volume - Gross Payment Volume (GPV) increased 25% year over year to $42.2 billion in Q4 2024[5] - Gross Payment Volume (GPV) for Q4 2024 reached $42.2 billion, a 25% increase from $33.7 billion in Q4 2023, and for the full year 2024, GPV was $159.1 billion, up 26% from $126.1 billion in 2023[32] Assets and Equity - Total assets increased to $2,408 million in 2024 from $1,958 million in 2023, representing a growth of 23%[19] - Total stockholders' equity rose to $1,545 million in 2024, up from $1,194 million in 2023, reflecting a growth of 29%[19] - Cash and cash equivalents increased to $903 million at the end of 2024, up from $605 million at the end of 2023, marking a 49% increase[21] Liabilities - The total current liabilities increased to $811 million in 2024 from $663 million in 2023, which is a rise of 22%[19] - The company’s total liabilities increased to $863 million in 2024, up from $764 million in 2023, indicating a growth of 13%[19] Operational Metrics - Cash flows from operating activities for the year ended December 31, 2024, were $360 million, compared to $135 million in 2023, indicating a 167% increase[21] - The company’s accounts receivable, net, increased to $115 million in 2024 from $69 million in 2023, representing a growth of 67%[19] Expenses - Costs of revenue for Q4 2024 were $1.005 billion, compared to $810 million in Q4 2023, and for the full year, costs increased to $3.770 billion from $3.031 billion[34] - Research and development expenses for Q4 2024 were $93 million, slightly down from $94 million in Q4 2023, while for the full year, expenses totaled $351 million compared to $358 million in 2023[39] Partnerships and Future Expectations - The company announced an expanded partnership with Uber Technologies, enhancing delivery options for restaurants[10] - Non-GAAP subscription services and financial technology solutions gross profit for Q1 2025 is expected to be in the range of $385 million to $395 million, representing 27-30% growth compared to Q1 2024[10] - Toast expects Adjusted EBITDA for the full year 2025 to be in the range of $510 million to $530 million[10]

Core Viewpoint - Toast Inc. is expected to report strong fourth-quarter 2024 results, with significant year-over-year growth in both earnings and revenues, driven by strategic expansions and new product offerings [2][4][5]. Financial Performance - The Zacks Consensus Estimate for Toast's fourth-quarter 2024 earnings is 6 cents per share, reflecting a year-over-year increase of 185.71% [2]. - The estimated revenues for the same quarter are $1.31 billion, indicating a year-over-year growth of 26.61% [2]. Growth Drivers - Toast's performance is anticipated to benefit from location additions and international expansion, enhancing its market share in the restaurant technology sector [4]. - New features such as Electronic Benefit Transfer and Supplemental Nutrition Assistance Program payments are likely to attract more customers from the convenience store sector [4]. - The launch of the Branded App for iOS and Android, which supports various customer engagement features, is expected to contribute positively to revenue growth [5]. - The strength in renewal rates of Toast's software-as-a-service solution, driven by its subscription model and increasing repeat customers, is likely to boost annual recurring revenues (ARR) [5]. Challenges - The rapid expansion of Toast's total addressable market may have led to increased sales and marketing expenses, potentially impacting profitability [6]. - Ongoing macroeconomic pressures are likely to keep customer churn rates high among smaller restaurants due to rising costs and wage pressures [6]. Earnings Prediction - Current analysis indicates that Toast does not have a conclusive prediction for an earnings beat this season, with an Earnings ESP of -14.89% and a Zacks Rank of 3 (Hold) [7].

Company Performance - Toast (TOST) closed at $39.75, reflecting a -0.87% change from the previous session, which is less than the S&P 500's daily loss of 0.27% [1] - The stock has increased by 10.65% over the past month, outperforming the Computer and Technology sector's gain of 1.69% and the S&P 500's gain of 4.27% [1] Upcoming Earnings Report - Toast is set to release its earnings on February 19, 2025, with an expected EPS of $0.06, representing a 185.71% increase from the prior-year quarter [2] - The Zacks Consensus Estimate for revenue is projected at $1.31 billion, which is a 26.61% increase from the year-ago period [2] Analyst Estimates and Valuation - Recent changes to analyst estimates for Toast are being monitored, as positive revisions are seen as a good sign for the company's business outlook [3] - The Zacks Rank system, which reflects these estimate changes, currently ranks Toast at 3 (Hold) [5] - Toast has a Forward P/E ratio of 103.59, indicating a premium compared to the industry average of 31.7 [5] Industry Metrics - Toast has a PEG ratio of 2.15, which is lower than the Internet - Software industry's average PEG ratio of 2.35 [6] - The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [6][7]

Core Viewpoint - Toast (TOST) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for release on February 19, 2025, and could lead to a stock price increase if the results exceed expectations, while a miss could result in a decline [2]. - The consensus estimate for Toast's quarterly earnings is $0.06 per share, reflecting a year-over-year increase of +185.7%, with revenues projected at $1.31 billion, up 26.6% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections [4]. - The Most Accurate Estimate for Toast is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -14.89%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with a positive Earnings ESP indicating a higher likelihood of an earnings beat [6][8]. - Toast currently holds a Zacks Rank of 3, making it challenging to predict a consensus EPS beat [11]. Historical Performance - In the last reported quarter, Toast was expected to post earnings of $0.01 per share but delivered $0.07, resulting in a surprise of +600% [12]. - Over the past four quarters, Toast has consistently beaten consensus EPS estimates [13]. Conclusion - While Toast does not appear to be a strong candidate for an earnings beat based on current estimates, investors should consider other factors before making investment decisions [16].

Toast Inc. (TOST) shares have rallied 105.5% in the past year, outperforming the Zacks Internet - Software industry, Zacks Computer and Technology sector and the S&P500 index’s return of 27.5%, 20.8% and 21%, respectively. The stock has also outpaced industry peers, including Twilio (TWLO) , Cloudflare (NET) and Atlassian (TEAM) .As one of the leading providers of software-as-a-service (SaaS) and hardware solutions focused at the restaurant market, TOST is experiencing strong traction in its fintech solutio ...

The stock market's impressive run over the past couple of years has lifted some businesses much more than others. For example, shares of one software-as-a-service (SaaS) company have surged 111% higher just in the past 12 months.That's not surprising, given the impressive trajectory this business is on. Yet even after that run, its shares still trade 39% below the peak they touched in November 2021. Is this still a good time to buy this supercharged growth stock?Taking care of the restaurant industryToast ( ...

Toast (TOST 1.60%) stock nearly doubled last year, and it's off to a strong start in 2025. It's already outdoing the S&P 500, which has had smaller gains so far this year.2024 was a dramatic year for Toast, since it reported two quarters of net profitability while still delivering high growth. Can it offer similar gains for investors in 2025?A market leader in its industryToast provides comprehensive restaurant management solutions that include software-as-a-service, with subscriptions and payment processin ...

Toast (TOST) closed at $41.98 in the latest trading session, marking a +1.6% move from the prior day. This change outpaced the S&P 500's 0.36% gain on the day. Meanwhile, the Dow lost 0.28%, and the Nasdaq, a tech-heavy index, added 0.51%.The the stock of restaurant software provider has risen by 11.05% in the past month, leading the Computer and Technology sector's of 0% and the S&P 500's gain of 2.11%.The investment community will be closely monitoring the performance of Toast in its forthcoming earnings ...