Beyond Meat, Inc. (BYND) is a company specializing in plant-based meat alternatives. Analysis of the revenue of the company shows that its revenue performance has been mixed. In the most recent financial period (ending 31 December 2021), Beyond Meat reported revenues of $100.68 million, which was lower than estimated but still an increase of 8% compared to the same period in 2020.
In the quarter ended 2 April 2022, Beyond Meat’s revenue was $147 million, an impressive increase of 38% compared to the same period in 2021. The company also reported a slightly higher-than-expected EPS for this period of -1.53.
In the quarter ending 1 October 2022, Beyond Meat’s revenue declined 5% from 147 million to $82.5 million, however this decline was far less than expected as analysts projected zero revenue growth for this period. This quarter Beyond Meat also reported an EPS in line with estimates at -1.6.
Finally, Beyond Meat reported its most recent quarterly results on 23 February 2023 with estimated revenues of $75.92 million and an EPS of -1.13; both within expectations for this period. Overall, due to the varying levels and directions between quarters, it is difficult to draw any firm conclusion about Beyond Meat’s overall financial condition; however it appears that the company is performing generally as expected with regards to its revenue generation and profitability margins.
