- Reports Q2 results on Thursday, Aug. 5, after the market close
- Revenue Expectation: $143 billion
- EPS Expectation: loss of $0.23
Shares of Beyond Meat (NASDAQ:) have remained under pressure throughout the pandemic as the veggie burger-maker struggled to increase its sales when restaurants, stadiums and campuses were closed.
As the economy reopens and some of these avenues start again, investors are not convinced that sales will come back quickly. BYND shares have fallen 19% during the past month, illustrating investors’ nervousness about owning this high-growth stock.
When the Los Angeles-based company releases its second-quarter earnings tomorrow, one of the most