Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money

67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  • Earnings

Beyond Meat Q4 Earnings: What To Expect

The leading producer of plant-based meat substitutes has had a rollercoaster ride since its May 2019 IPO, which saw its stock price soar 163% in a single day and continue to climb, before tumbling in the subsequent months. 

This article was originally written by MyWallSt. Read more market-beating insights from the MyWallSt team here.

However, with its stock up more than 20% year-to-date (YTD) and a number of hot new partnerships on the table, could 2021 be the year that Beyond Meat (NASDAQ: BYND)  takes things to the next level?

 

When is Beyond Meat’s earnings date?

Beyond Meat reports earnings for the fourth quarter of 2020 on Thursday, 25th of February after the market closes, at 5:00 PM EST.

 

How can I listen to Beyond Meat’s earnings call?

To listen to the call and to access the transcript, as well as the shareholder’s letter and the financial statements for the quarter, all you need to do is go to Beyond Meat’s investor relations page here.

 

What to expect from Beyond Meat’s earnings

There’s good and bad news for Beyond Meat going into Thursday’s earnings call:

  • The good news is that it should easily beat its own expectations. 
  • The bad news is that it doesn’t have any expectations, providing no guidance following Q3’s earnings miss. 

Luckily, there are plenty of analysts on Wall Street who were happy to give their two cents, with the consensus revenue estimate coming in at $123.3 million (up 27% YoY) and the company expected to breakeven on the bottom line. This compares to results in the same period of 2019 where revenue came in at $98.5 million while EPS was -$0.01.

Investors will hope to see the company handily surpass that figure, given the disappointment of Q3, where revenue only rose 3% YoY. Expansion into more than 10 countries in the past year, including China, as well as partnerships with PepsiCo, McDonald’s, Starbucks, Yum Brands, and much more, will hopefully begin to pay dividends for the company. 

While Beyond Meat remains a risky play for investors, the increased popularity of meat-alternatives has seen its total addressable market (TAM) soar to an estimated $1.4 trillion across the globe. How Beyond Meat positions itself against its numerous competitors in the coming years will be critical to the company’s success. 

You can read more about our thoughts on Beyond Meat here.

 

MyWallSt gives you access to over 100 market-beating stock picks and the research to back them up. Our analyst team posts daily insights, subscriber-only podcasts, and the headlines that move the market. Start your free trial now!

 

Disclaimer Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinion on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

Continue reading for FREE

  • Includes free newsletter updates, unsubscribe anytime. Privacy policy

Free ebook

Tricks of the trade: 7 interviews with the world’s top traders

Get it now

Related articles