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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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