Beyond Meat: Q1 Earnings Insights

Beyond Meat BYND reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Beyond Meat beat estimated earnings by 8.91%, reporting an EPS of $-0.92 versus an estimate of $-1.01.

Revenue was down $17.22 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 10.15% increase in the share price the next day.

Here's a look at Beyond Meat's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -1.18 -1.14 -1.18 -1.01
EPS Actual -1.05 -1.60 -1.53 -1.58
Revenue Estimate 75.69M 98.11M 151.18M 112.40M
Revenue Actual 79.94M 82.50M 147.04M 109.45M

To track all earnings releases for Beyond Meat visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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