Toast (TOST) Outperforms Broader Market: What You Need to Know

Toast (TOST), a restaurant software provider, closed at $31.31, up 2.55% on the day but down 4.41% over the past month. The company is expected to report EPS of $0.37 (up 48% YoY) and revenue of $1.96 billion (up 20.3% YoY). For the full year, consensus estimates project $1.41 EPS and $7.44 billion revenue. Toast holds a Zacks Rank of #3 (Hold) with a Forward P/E of 21.69, trading at a premium to its industry average of 20.7.