Group 1 - Beyond Meat reported a quarterly loss of $0.65 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.44, representing an earnings surprise of -47.73% [1] - The company posted revenues of $76.66 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.73%, and showing an increase from $73.68 million year-over-year [2] - Over the last four quarters, Beyond Meat has surpassed consensus EPS estimates only once, indicating mixed performance in earnings expectations [2][6] Group 2 - The current consensus EPS estimate for the upcoming quarter is -$0.62 on revenues of $79.51 million, and for the current fiscal year, it is -$1.66 on revenues of $334.79 million [7] - The Zacks Industry Rank for Food - Meat Products is currently in the top 6% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8] - Beyond Meat shares have underperformed the market, losing about 1.1% since the beginning of the year compared to the S&P 500's gain of 1.3% [3]
Beyond Meat (BYND) Reports Q4 Loss, Tops Revenue Estimates