Beyond Meat Inc expected to post a loss of 44 cents a share - Earnings Preview

Reuters
02-25
Beyond Meat Inc <bynd.oq> expected to post a loss of 44 cents a share - Earnings Preview </bynd.oq>
  • Beyond Meat Inc BYND.OQ BYND.O is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending December 31 2024

  • The El Segundo California-based company is expected to report a 2.2% increase in revenue to $75.306 million from $73.68 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Beyond Meat Inc is for a loss of 44 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and 5 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Beyond Meat Inc is $5.00​, above​ its last closing price of $4.02. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.45

-0.44

-0.41

Beat

7.7

Jun. 30 2024

-0.52

-0.51

-0.53

Missed

-4.7

Mar. 31 2024

-0.66

-0.67

-0.72

Missed

-7.7​

Dec. 31 2023

-0.87

-0.88

-0.92

Missed

-4.4

​​Sep. 30 2023

-0.89

-0.89

-1.09

Missed

-22.5

Jun. 30 2023

-0.86

-0.86

-0.83

Beat

3.1​

Mar. 31 2023

-1.00

-1.01

-0.92

Beat

9.2

Dec. 31 2022

-1.18

-1.18

-1.05

Beat

11.3

This summary was machine generated February 24 at 21:29 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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