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

Reuters

2024-11-05

* Beyond Meat Inc is expected to show a rise in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The El Segundo California-based company is expected to report a 7.2% increase in revenue to $80.713 million from $75.31 million a year ago, according to the mean estimate from 6 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 6 "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 6.00, below its last closing price of $6.09.

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. -0.86 -0.86 -0.83 Beat 3.1

30 2023

Mar. 31 2023 -1.00 -1.01 -0.92 Beat 9.2

Dec. 31 2022 -1.18 -1.18 -1.05 Beat 11.3

Sep. 30 2022 -1.15 -1.14 -1.60 Missed -40.8

This summary was machine generated November 4 at 23:13 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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All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeyond Meat Inc    expected to post a loss of 44 cents a share - Earnings Preview\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2024-11-05 07:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p>* Beyond Meat Inc     is expected to show a rise in quarterly revenue when it reports  results on November 6 for the period ending September 30 2024</p><p>   * The El Segundo California-based  company is expected to report a 7.2% increase in revenue to $80.713 million from $75.31 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for Beyond Meat Inc is for a loss of 44 cents per share. </p><p>   * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy,\" 7 \"hold\" and 6 \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for Beyond Meat Inc is 6.00, below its last closing price of $6.09. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  -0.52       -0.51      -0.53     Missed  -4.7</p><p>Mar. 31 2024  -0.66       -0.67      -0.72     Missed  -7.7</p><p>Dec. 31 2023  -0.87       -0.88      -0.92     Missed  -4.4</p><p>Sep. 30 2023  -0.89       -0.89      -1.09     Missed  -22.5</p><p>Jun.        -0.86       -0.86      -0.83     Beat    3.1</p><p>30 2023                                                </p><p>Mar. 31 2023  -1.00       -1.01      -0.92     Beat    9.2</p><p>Dec. 31 2022  -1.18       -1.18      -1.05     Beat    11.3</p><p>Sep. 30 2022  -1.15       -1.14      -1.60     Missed  -40.8</p><p>This summary was machine generated November 4 at 23:13 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)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BYND","symbol_name":"Beyond Meat, Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481561488","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481561488","pubTimestamp":1730761985,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Beyond Meat Inc     is expected to show a rise in quarterly revenue when it reports  results on November 6 for the period ending September 30 2024   * The El Segundo California-based  company is exp","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BYND":"Beyond Meat, Inc."},"translate_title":"Beyond Meat公司预计每股亏损44美分——收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BYND":1},"content_text":"* Beyond Meat Inc     is expected to show a rise in quarterly revenue when it reports  results on November 6 for the period ending September 30 2024   * The El Segundo California-based  company is expected to report a 7.2% increase in revenue to $80.713 million from $75.31 million a year ago, according to the mean estimate from 6 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 6 \"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 6.00, below its last closing price of $6.09. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jun. 30 2024  -0.52       -0.51      -0.53     Missed  -4.7Mar. 31 2024  -0.66       -0.67      -0.72     Missed  -7.7Dec. 31 2023  -0.87       -0.88      -0.92     Missed  -4.4Sep. 30 2023  -0.89       -0.89      -1.09     Missed  -22.5Jun.        -0.86       -0.86      -0.83     Beat    3.130 2023                                                Mar. 31 2023  -1.00       -1.01      -0.92     Beat    9.2Dec. 31 2022  -1.18       -1.18      -1.05     Beat    11.3Sep. 30 2022  -1.15       -1.14      -1.60     Missed  -40.8This summary was machine generated November 4 at 23:13 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)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"preview","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}