Reported Q: Q3 2024 Rev YoY: +7.6% EPS YoY: +62.4% Move: +3.04%
Beyond Meat Inc
0A20.L
€0.645 3.04%
Exchange LSE Sector Consumer Defensive Industry Packaged Foods
Q3 2024
Published: Nov 7, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0A20.L

Reported

Report Date

Nov 7, 2024

Quarter Q3 2024

Revenue

81.01M

YoY: +7.6%

EPS

-0.41

YoY: +62.4%

Market Move

+3.04%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $81.01M up 7.6% year-over-year
  • EPS of $-0.41 increased by 62.4% from previous year
  • Gross margin of 17.7%
  • Net income of -26.58M
  • "" -
0A20.L

Executive Summary

Beyond Meat delivered a modest top-line improvement in 3Q2024, with revenue of $81.0 million, up 7.6% year-over-year, but down 13.1% quarter-over-quarter. The quarter showed a notable gross margin improvement to about 17.7%, yielding gross profit of $14.308 million; however, the company remained unprofitable at the operating line with an operating loss of $30.909 million and a net loss of $26.576 million. Earnings per share were -$0.41, while EBITDA stood at -$20.222 million, underscoring ongoing profitability and cash-flow challenges.

Key Performance Indicators

Revenue
Increasing
81.01M
QoQ: -13.07% | YoY: 7.56%
Gross Profit
Increasing
14.31M
17.66% margin
QoQ: 4.31% | YoY: 297.24%
Operating Income
Increasing
-30.91M
QoQ: 8.91% | YoY: 55.60%
Net Income
Increasing
-26.58M
QoQ: 22.92% | YoY: 62.30%
EPS
Increasing
-0.41
QoQ: 22.64% | YoY: 62.39%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 70.22 -1.40 -13.3% View
Q2 2025 74.96 -0.43 -19.6% View
Q1 2025 68.73 -0.69 -9.1% View
Q4 2024 76.66 -0.65 +4.0% View
Q3 2024 81.01 -0.41 +7.6% View