Big Mover: Why Is Beyond Meat (BYND) Stock Soaring 18% Today?
BYNDBeyond Meat(BYND) Investor Place·2024-08-09 01:11

Beyond Meat (NASDAQ:BYND) stock is climbing higher on Thursday after the maker of plant-based meat alternatives released its earnings report for the second quarter of the year.Beyond Meat reported earnings per share of -53 cents during the quarter. That matches what Wall Street was expecting from it. It’s an improvement over the 83 cents reported in the same period of the year prior.Adding to that is the company’s revenue of $93.18 million. This is above analysts’ revenue estimate of $89.15 million for the ...