Ahead of its Q4 earnings report, analysts are setting high expectations for Toast, projecting massive growth, including a consensus forecast of $0.24 earnings per share, indicating a 380% year-over-year increase.
- Revenues are anticipated to reach $1.62 billion, representing a 21.1% year-over-year increase.
- Analysts project strong momentum in recurring revenue, forecasting the Total Annualized Recurring Run-Rate (ARR) will reach $2.04 billion.
- The stock is currently trading up 1.39% as investors position themselves for the potential growth outlined in these forecasts.