Categories AlphaGraphs, Consumer, Earnings
Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus estimates.
Adjusted loss widened to $0.34 per share in the December-quarter from $0.01 per share in the prior-year period. Market watchers had predicted a smaller loss for the most recent quarter.
Unadjusted net loss was $25.1 million or $0.40 per share, compared to a loss of $0.5 million or $0.01 per share in the fourth quarter of 2019. Meanwhile, total revenues advanced 3.5% to $101.9 million from $98.5 million last year, but missed the Street view.
Read management/analysts’ comments on Beyond Meat’s Q4 results
Beyond Meat’s stock closed Thursday’s regular trading lower but gained during the extended session.
Most Popular
Infographic: Key highlights from Disney’s (DIS) Q2 2024 earnings results
The Walt Disney Company (NYSE: DIS) reported second quarter 2024 earnings results today. Revenues increased 1% year-over-year to $22.1 billion. Net loss attributable to The Walt Disney Company was $20
Earnings Preview: Alibaba likely to report mixed results for Q4
Alibaba Group Holding Limited (NYSE: BABA) will be reporting fourth-quarter 2024 financial results next week. Over the years, the e-commerce giant successfully diversified its business and emerged as a major
A look at Tyson Foods’ (TSN) expectations for the remainder of FY2024
Shares of Tyson Foods, Inc. (NYSE: TSN) fell over 7% on Monday. The stock has gained 7% year-to-date. The company delivered mixed results for the second quarter of 2024, with
