Beyond Meat: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 05:03 PM ET
Last Updated - Jun 22, 2023, 07:50 PM EDT
EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — Beyond Meat Inc. (BYND) on Thursday reported a loss of $66.9 million in its fourth quarter.
The El Segundo, California-based company said it had a loss of $1.05 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.13 per share.
The plant-based meat company posted revenue of $79.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $78.1 million.
