3 Key Things From Beyond Meat's Earnings Call That Investors Should Know
Beyond Meat (NASDAQ: BYND) reported first quarter 2020 results earlier this month that delighted investors.
The leading maker of plant-based meat substitutes grew revenue 141% year over year to $97.1 million and turned in earnings per share (EPS) of $0.03, up from a loss of $0.95 per share in the year-ago period.
Shares soared 26% on the following day, which we can attribute to both revenue and earnings crushing Wall Street's consensus estimates. Analysts were expecting a loss per share of $0.06 on revenue of $87.3 million.
Source Fool.com
