Beyond Meat: Q3 Earnings Snapshot
By AP News
Published - Nov 06, 2024, 04:54 PM ET
Last Updated - Dec 16, 2024, 05:37 PM EST
EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — Beyond Meat Inc. (BYND) on Wednesday reported a loss of $26.6 million in its third quarter.
On a per-share basis, the El Segundo, California-based company said it had a loss of 41 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The plant-based meat company posted revenue of $81 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $82.3 million.
