Beyond Meat's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Beyond Meat (NASDAQ:BYND) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.85. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $6.88, down 42.05% over the last 52-week period.
November 07, 2023 | 3:01 pm
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NEGATIVE IMPACT
Beyond Meat's upcoming earnings report could potentially impact its stock price. Past trends show a drop in share price following earnings misses. The stock is currently down 42.05% over the last 52 weeks.
Beyond Meat's stock price has shown a trend of dropping following earnings misses. With analysts predicting an EPS of $-0.85 for the upcoming report, another miss could potentially lead to a further drop in the stock price. Given the stock's negative returns over the past year, this earnings report is of high relevance and importance to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100