Toast (NYSE:TOST) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Toast beat estimated earnings by 5.88%, reporting an EPS of $-0.16 versus an estimate of $-0.17.
Revenue was up $284.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.75% drop in the share price the next day.
Here’s a look at Toast’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.09 | -0.11 | -0.13 |
| EPS Actual | -0.19 | -0.19 | -0.11 | -0.20 |
| Revenue Estimate | 743.91M | 721.52M | 651.28M | 490.87M |
| Revenue Actual | 769.00M | 752.00M | 675.00M | 535.00M |
To track all earnings releases for Toast visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.