Beyond Meat Q2 EPS $(0.83) Misses $(0.81) Estimate, Sales $102.10M Miss $111.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beyond Meat reported Q2 losses of $(0.83) per share, missing the analyst consensus estimate of $(0.81) by 2.47%. The company also reported quarterly sales of $102.10 million, missing the analyst consensus estimate of $111.28 million by 8.25%. This represents a 45.75% increase in losses and a 30.56% decrease in sales compared to the same period last year.
August 07, 2023 | 8:08 pm
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Beyond Meat's Q2 earnings missed estimates, with increased losses and decreased sales compared to the same period last year.
Beyond Meat's Q2 earnings missed analyst estimates, with losses increasing by 45.75% and sales decreasing by 30.56% compared to the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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RELEVANCE 100