Since its May initial public offering, the stock is up 775% and has drawn interest from short sellers.
Analysts are expecting Beyond Meat to report a loss of 8 cents per share.
Wall Street is also forecasting that the maker of vegan meat products reports revenue of $52.7 million. Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019.is set to report earnings after the bell Monday Shares of the company fell as much as 7% in afternoon trading ahead of the report. Since its May initial public offering, the stock is up 775%Here's what Wall Street is expecting, based on a survey of analysts by Refinitiv:Last quarter, Beyond said it expects fiscal 2019 revenue of $210 million, a number that does not include sales from restaurants that were only testing the product. Still, that would mean that net sales would be more than double the previous year's revenue.
Last quarter, about half of Beyond Meat's revenue came from sales to restaurants. Since then, Tim Hortons has rolled out Beyond Meat's imitation sausage and burgers to its stores in Canada. This month, Beyond announced deals with
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