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.

Beyond Meat Q3 2020 earnings infographic

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.

  • Beyond Meat (BYND) Q2 2020 Earnings Infograph
  • Beyond Meat (BYND) Q1 2020 Financials

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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