Categories AlphaGraphs, Consumer, Earnings
Infographic: Beyond Meat (BYND) slips to Q3 loss despite revenue growth; stock falls
Beyond Meat (NASDAQ: BYND) reported a net loss for the third quarter, despite an increase in revenues. The results also missed analysts’ forecast and the company’s stock dropped on Monday evening.
The company that makes plant-based meat products reported a loss of $0.28 per share for the September-quarter, on an adjusted basis, compared to earnings of $0.06 per share in the prior-year period. Market Watchers had predicted profit for the most recent quarter.
Unadjusted net loss was $19.3 million or $0.31 per share, compared to net income of $4.1 million or $0.06 per share in the third quarter of 2019. Meanwhile, total revenue advanced to $94.4 million in the third quarter from $91.96 million in the prior-year quarter.
Read management/analysts’ comments on Beyond Meat’s Q3 results
After climbing to a new high about a month ago, Beyond Meat’s stock has retreated to pre-peak levels. It closed Monday’s trading lower and continued to lose during the extended session.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
