Recap: Beyond Meat Q4 Earnings
Portfolio Pulse from Benzinga Insights
Beyond Meat (NASDAQ:BYND) reported Q4 earnings with an EPS of $-0.92, missing estimates by -5.0% and a revenue decrease of $6.26 million from the previous year. Despite past earnings misses, the share price increased by 3.0% the day after last quarter's earnings were announced.
February 27, 2024 | 9:25 pm
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NEUTRAL IMPACT
Beyond Meat reported a Q4 EPS of $-0.92, missing estimates by -5.0%, and a revenue decrease from the previous year. The stock previously rose 3% after a miss last quarter.
Beyond Meat's Q4 earnings miss and revenue decrease could be seen negatively by investors. However, the stock's previous reaction to an earnings miss was positive, indicating mixed potential short-term impact. The importance is high due to direct financial performance impact, but confidence is not at maximum due to unpredictable market reactions to earnings reports.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100