Impossible Foods and Beyond Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Impossible Foods and Beyond

BYND 1.035

-1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: zax	7/29/2019 10:30:11 AM
	of 249

What to Expect from Beyond Meat’s Q2 Earnings Today Analysts’ expectations Beyond Meat ( BYND) plans to report its second-quarter earnings today after markets close. For the quarter, analysts expect the company’s revenue to rise over 200%. However, analysts believe the company will incur a net loss during the quarter. Beyond Meat’s revenue growth For the second quarter, analysts expect Beyond Meat to report revenue of $50.7 million, a rise of 203.5% from $17.4 million in the corresponding quarter of 2018. The growth in both the retail and Restaurant and Foodservice segment is projected to drive the company’s revenue. The rise in the number of retail and foodservice points of distribution, increased demand from existing customers, and the introduction of Beyond Burger in grocery stores across the US could drive the company’s revenue. However, the company discontinued its frozen chicken strips product line in the first quarter of 2019. The company’s decision to discontinue the frozen chicken strips product line could offset some of BYND’s revenue growth. </snip> Read the rest here: articles2.marketrealist.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next