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BEYOND MEAT, INC.

(BYND)
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Beyond Meat, Inc. Reduces Its Third Quarter Net Revenues Outlook

10/22/2021 | 08:30am EST

Beyond Meat, Inc. announced that the company is reducing its third quarter net revenues outlook. The company is proceeding through its quarterly close, and based on preliminary results, the company now expects third quarter net revenues of approximately $106 million as compared to prior guidance of $120 million to $140 million. Although the Company?s previous third quarter guidance anticipated a sequential decline in net revenues, the deceleration was larger than anticipated. Multiple factors contributed to the shortfall during the quarter.


ę S&P Capital IQ 2021
All news about BEYOND MEAT, INC.
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Analyst Recommendations on BEYOND MEAT, INC.
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Financials (USD)
Sales 2021 466 M - -
Net income 2021 -132 M - -
Net Debt 2021 236 M - -
P/E ratio 2021 -30,7x
Yield 2021 -
Capitalization 4 092 M 4 092 M -
EV / Sales 2021 9,29x
EV / Sales 2022 7,39x
Nbr of Employees 700
Free-Float 89,2%
Chart BEYOND MEAT, INC.
Duration : Period :
Beyond Meat, Inc. Technical Analysis Chart | BYND | US08862E1091 | MarketScreener
Technical analysis trends BEYOND MEAT, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Last Close Price 64,61 $
Average target price 76,93 $
Spread / Average Target 19,1%
EPS Revisions
Managers and Directors
Ethan Walden Brown President, Chief Executive Officer & Director
Philip E Hardin Chief Financial Officer
Seth Goldman Chairman
Raymond J. Lane Lead Independent Director
Christopher Isaac Stone Independent Director
Sector and Competitors