Beyond Meat Inc BYND.OQ reported a quarterly adjusted loss of 65 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -92 cents. The mean expectation of nine analysts for the quarter was for a loss of 43 cents per share. Wall Street expected results to range from -46 cents to -41 cents per share.
Revenue rose 4% to $76.66 million from a year ago; analysts expected $75.92 million.
Beyond Meat Inc's reported EPS for the quarter was a loss of 65 cents.
The company reported a quarterly loss of $44.86 million.
Beyond Meat Inc shares had fallen by 1.1% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the food processing peer group is also "hold"
Wall Street's median 12-month price target for Beyond Meat Inc is $5.00
This summary was machine generated from LSEG data February 26 at 10:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | -0.43 | -0.65 | Missed |
Sep. 30 2024 | -0.44 | -0.41 | Beat |
Jun. 30 2024 | -0.51 | -0.53 | Missed |
Mar. 31 2024 | -0.67 | -0.72 | Missed |
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