Beyond Meat (NASDAQ:BYND) Issues Earnings Results

Beyond Meat (NASDAQ:BYND) issued its earnings results on Wednesday. The company reported ($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.21), Zacks reports. The firm had revenue of $76.66 million for the quarter, compared to the consensus estimate of $76.08 million. Beyond Meat updated its FY 2025 guidance to EPS.

Beyond Meat Stock Performance

BYND opened at $3.36 on Thursday. The company has a fifty day moving average price of $3.87 and a two-hundred day moving average price of $5.14. The firm has a market capitalization of $219.21 million, a PE ratio of -0.82 and a beta of 2.31. Beyond Meat has a 52 week low of $3.30 and a 52 week high of $12.12.

Insider Transactions at Beyond Meat

In related news, insider Ethan Brown sold 313,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $3.75, for a total transaction of $1,173,750.00. Following the completion of the transaction, the insider now owns 1,703,288 shares in the company, valued at approximately $6,387,330. The trade was a 15.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.60% of the stock is owned by corporate insiders.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.