Beyond Meat, Inc. (BYND) revealed Loss for its third quarter that Increased from the same period last year and missed the Street estimates.
The company's bottom line totaled -$110.69 million, or -$1.44 per share. This compares with -$26.58 million, or -$0.41 per share, last year.
Excluding items, Beyond Meat, Inc. reported adjusted earnings of -$36.28 million or -$0.47 per share for the period.
Analysts on average had expected the company to earn -$0.43 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 13.3% to $70.22 million from $81.01 million last year.
Beyond Meat, Inc. earnings at a glance (GAAP) :
-Earnings: -$110.69 Mln. vs. -$26.58 Mln. last year.-EPS: -$1.44 vs. -$0.41 last year.-Revenue: $70.22 Mln vs. $81.01 Mln last year.
-Guidance:Next quarter revenue guidance: $60 Mln - $65 Mln
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.