Published on 22 Jan 2022 on Zacks via Yahoo Finance
In the latest trading session, Beyond Meat (BYND) closed at $61.60, marking a +0.29% move from the previous day. This change outpaced the S&P 500's 1.89% loss on the day. Meanwhile, the Dow lost 1.3%, and the Nasdaq, a tech-heavy index, lost 0.17%.
Prior to today's trading, shares of the plant-based meat company had lost 9.66% over the past month. This has lagged the Consumer Staples sector's gain of 1.88% and the S&P 500's loss of 1.79% in that time.
Wall Street will be looking for positivity from Beyond Meat as it approaches its next earnings report date. On that day, Beyond Meat is projected to report earnings of -$0.73 per share, which would represent a year-over-year decline of 114.71%. Meanwhile, our latest consensus estimate is calling for revenue of $103.98 million, up 2% from the prior-year quarter.