3 Years Ago
1 Min Read

We're waiting for BYND's earnings report next week. A closer look at the stock:



Beyond Meat Inc (BYND) is going to report earnings on August 04. Here's a few things you should know about before the report drops.

Analysts forecasts have Beyond Meat Inc reporting an EPS (earnings per share) of -$1.14 EPS, GAAP Estimate -$1.12, and a Revenue Estimate of $150.46M on Thursday. Over the last 90 days there have been 13 downward estimate revisions and none upwards. 

Bulls will want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.

BYND bears will be waiting to hear two things. The first is that the reported EPS underperformed the estimates of analysts. The stock will usually fall on that news, but not always. The second is that the report outlines a negative growth story for the stock in the coming quarters.

If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.

As of July 27 shares of BYND are trading at $30.51. Over the last 52-week period, the price is down -77.4%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.