Beyond Meat, Inc.

BYND

US08862E1091

Food Processing

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
6.07 ^USD	-1.46%		-7.47%	-31.80%

Apr. 23	Sector Update: Consumer Stocks Higher in Late Afternoon Trading	MT
Apr. 23	Sector Update: Consumer	MT

Beyond Meat: Q4 Earnings Snapshot

February 24, 2022 at 05:07 pm EST

EL SEGUNDO, Calif. (AP) _ Beyond Meat Inc. (BYND) on Thursday reported a loss of $80.4 million in its fourth quarter.

The El Segundo, California-based company said it had a loss of $1.27 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 73 cents per share.

The plant-based meat company posted revenue of $100.7 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $104 million.

Beyond Meat expects full-year revenue in the range of $560 million to $620 million.

Beyond Meat shares have declined 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $49, a drop of 68% 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

Latest news about Beyond Meat, Inc.

Sector Update: Consumer Stocks Higher in Late Afternoon Trading	Apr. 23	MT
Sector Update: Consumer	Apr. 23	MT
Goldman Sachs Seeks $250 Million Capital for Beyond Meat From Private Lenders	Apr. 23	MT
Mizuho Securities Trims Price Target on Beyond Meat to $6 From $7, Maintains Underperform Rating	Apr. 22	MT
Beyond Meat Launching New Version of Burger, Beef Products	Apr. 18	MT
Beyond Meat, Inc. Announces the Launch of the Fourth Generation Beyond Burger and Beyond Beef	Apr. 18	CI
TD Cowen Adjusts Price Target on Beyond Meat to $6 From $10, Maintains Sell Rating	Apr. 17	MT
Beyond Meat Launching New Line of Beyond Crumbles -- Shares Rise	Mar. 28	MT
Beyond Meat, Inc. Unveils New and Expanded Line of Beyond Crumbles	Mar. 28	CI
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday	Mar. 19	MT
Sector Update: Consumer	Mar. 19	MT
Top Premarket Decliners	Mar. 19	MT
Beyond Meat Files $250 Million Mixed Shelf -- Shares Slump Premarket	Mar. 19	MT
Beyond Meat Files $250 Million Mixed Shelf	Mar. 18	MT
Argus Upgrades Beyond Meat to Hold From Sell	Feb. 29	MT
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Feb. 28	MT
Wall St dips as investors await inflation data	Feb. 28	RE
Sector Update: Consumer Stocks Rise in Afternoon Trading	Feb. 28	MT
Sector Update: Consumer	Feb. 28	MT
Global markets live: Reckitt, Apple, Warner, Eli Llily, Intel...	Feb. 28
Wall St retreats as investors brace for inflation data	Feb. 28	RE
Beyond Meat Shares Surge After Reporting Wider Q4 Net Loss, Announcing Cost-Cutting Plan	Feb. 28	MT
Correction: Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Fears Grow Over Slow Inflation Retreat	Feb. 28	MT
BMO Capital Adjusts Beyond Meat's Price Target to $10 From $7, Keeps Market Perform Rating	Feb. 28	MT
Correction: Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Fears Grow Over Slow Inflation Retreat	Feb. 28	MT

Beyond Meat, Inc. is a plant-based meat company offering a portfolio of plant-based meats. The Company has developed three core plant-based product platforms that align with the largest meat categories globally: beef, pork and poultry. The primary components of animal-based meat are amino acids, lipids, carbohydrates, trace minerals and water, which are not exclusive to animals and are plentiful in plants. Its flagship product is the Beyond Burger, which is designed to look, cook and taste like a traditional beef burger. The Company also sells a range of other plant-based meat products, including Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Beef Crumbles, Beyond Chicken Tenders, Beyond Steak, Beyond Popcorn Chicken, Beyond Chicken Nuggets, and others. Its products are available at approximately 133,000 retail and foodservice outlets in 65 countries, across mainstream grocery, mass merchandiser, club store and natural retailer channels, and various food-away-from-home channels.

Sector

Food Processing

Calendar

2024-05-23 - Annual General Meeting

Related indices

Russell 2000

More about the company