EL SEGUNDO, Calif. (AP) _ Beyond Meat Inc. (BYND) on Thursday reported a first-quarter loss of $27.3 million, after reporting a profit in the same period a year earlier.

The El Segundo, California-based company said it had a loss of 43 cents per share. Losses, adjusted to extinguish debt, were 42 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.

The plant-based meat company posted revenue of $108.2 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $114.4 million.

Beyond Meat shares have dropped roughly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $119.04, a fall of nearly 6% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYND at https://www.zacks.com/ap/BYND

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