Beyond Meat (BYND) Misses Q4 EPS by 2c, Revenue Beats, Offers Guidance

Beyond Meat (NASDAQ: BYND) reported Q4 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $98.5 million versus the consensus estimate of $79.5 million.

GUIDANCE:

Beyond Meat sees FY2020 revenue of $490-510 million, versus the consensus of $495.15 million.

• Gross margin in the range of 33% to 35%; and
• Adjusted EBITDA as a % of net revenues approximately equivalent to 2019 levels, as the Company anticipates accelerated investments in marketing, R&D and international expansion initiatives in 2020.

For earnings history and earnings-related data on Beyond Meat (BYND) click here.

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