1. Toast expected to report 17 cents EPS, a turnaround from losses. 2. Projected revenue for Q4 is $1.32 billion, up from last year. 3. Shares rose 3.5%, closing at $41.91 before the earnings report. 4. Analysts show mixed ratings, with price target adjustments across the board. 5. Goldman Sachs maintains Neutral rating but lowers target to $40.
Toast's projected earnings and revenue growth indicate positive business momentum, despite mixed analyst ratings. Past earnings surprises often lead to upward revisions for stock valuations.
This earnings report could sway perceptions of growth in the tech market. Toast's performance might influence other stocks in similar sectors.
The earnings report due soon will likely affect Toast's stock price immediately. Investors typically react quickly to earnings announcements, as seen in other tech sector stocks.