Beyond Meat (BYND) Reports Q1 Loss, Misses Revenue Estimates

Company Performance - Beyond Meat reported a quarterly loss of $0.67 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.52, and an improvement from a loss of $0.72 per share a year ago [1] - The company posted revenues of $68.73 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 9.39%, and down from $75.6 million year-over-year [2] - Over the last four quarters, Beyond Meat has surpassed consensus EPS estimates only once and topped consensus revenue estimates two times [2] Stock Movement and Outlook - Beyond Meat shares have declined approximately 33% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is -$0.37 on revenues of $94.66 million, and for the current fiscal year, it is -$1.58 on revenues of $328.81 million [7] Industry Context - The Food - Meat Products industry, to which Beyond Meat belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Hormel Foods, another company in the same industry, is expected to report quarterly earnings of $0.35 per share, reflecting a year-over-year change of -7.9%, with revenues projected at $2.9 billion, up 0.6% from the previous year [9]