Here's what to expect from Beyond Meat earnings

Analysts are expecting Beyond Meat to report a loss of 8 cents per share.

Wall Street is also forecasting that the maker of vegan meat products reports revenue of $52.7 million. Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019.is set to report earnings after the bell Monday Shares of the company fell as much as 7% in afternoon trading ahead of the report. Since its May initial public offering, the stock is up 775%Here's what Wall Street is expecting, based on a survey of analysts by Refinitiv:Last quarter, Beyond said it expects fiscal 2019 revenue of $210 million, a number that does not include sales from restaurants that were only testing the product. Still, that would mean that net sales would be more than double the previous year's revenue.

Last quarter, about half of Beyond Meat's revenue came from sales to restaurants. Since then, Tim Hortons has rolled out Beyond Meat's imitation sausage and burgers to its stores in Canada. This month, Beyond announced deals with

Alright then...

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

The earnings menu: Beyond Meat, Apple and a big bag of chipsBeyond Meat Inc. will be the appetizer for the coming week of earnings reports, with Apple Inc. as the main course and Big Oil serving as a dessert.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Beyond Meat shares tank ahead of earnings even though traders are expecting a beatBeyond Meat Inc. shares fell sharply Monday, ahead of the company's second-quarter earnings expected after the bell, even though hopes for the plant-based... Shorting the motherfucker Rock_Rogers Meat schlapt with a big round steak
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Beyond Meat slips ahead of earnings as analysts wonder if shares are overstretchedNo analysts analysts that cover Beyond Meat have a 'buy' rating on the company's shares. The stock is up more than 800% since its IPO. Are we cruel to animals because we eat meat? Or, are we cruel to animals, and the planet - because we think a dollar has more value and worth than life itself?
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »