Get short term trading ideas from the MarketBeat Idea Engine. Beyond Meat (BYND) Earnings Date & History BYND Earnings History. Adjusted EBITDA is a non-GAAP financial measure defined under “Non-GAAP Financial Measures,” and is reconciled to net loss, the closest comparable GAAP measure, at the end of this release.Chief Financial Officer and Treasurer, Mark Nelson commented, “We are pleased with our strong financial results and operating performance in 2019. Want to see which stocks are moving? A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Beyond Meat stock is up 54% in 2020, so the maker of meat substitutes has a lot to prove when it releases Q4 earnings. Investing Basics Data source: Beyond Meat. ZacksTrade and Zacks.com are separate companies. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above.
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Capital expenditures totaled $23.8 million for the year ended December 31, 2019 compared to $22.2 million for the prior year.For the full year 2020, the Company is providing the following guidance and expects:The Company’s 2020 Outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. "Investors following the company know that more and more restaurant chains are offering Beyond Meat's products. Delayed quotes by Sungard.NYSE and AMEX data is at least 20 minutes delayed. The company had revenue of $113.34 million for the quarter, compared to analysts' expectations of $99.35 million. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.33% per year. These include Here's what CEO Ethan Brown had to say in the earnings release:Our outstanding fourth-quarter and full-year 2019 results are a testament to the vitality of the movement that we continue to lead. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.As an investor, you want to buy stocks with the highest probability of success. Beyond Meat Inc. analyst estimates by MarketWatch. While it's not possible to tease out how much of Beyond Meat's stock drop is due to this factor, I'd guess it to be at least half of it. "With our simple objective of building a perfect piece of meat from plants, our greater mission is much larger than us and seeks to address some of the key challenges of our time—improving health and nutrition, enhancing the sustainability of our global food supply, while lowering our environmental impact, and promoting animal welfare.”Gross profit was $33.5 million, or 34.0% of net revenues, in the fourth quarter of 2019, compared to $7.9 million, or 25.0% of net revenues, in the year-ago period. Net cash used in operating activities was $47.0 million for the year ended December 31, 2019, compared to $37.7 million for the prior year. In addition, we believe Adjusted EBITDA and Adjusted EBITDA as a % of net revenues are widely used by investors, securities analysts, ratings agencies and other parties in evaluating companies in our industry as a measure of our operational performance.There are a number of limitations related to the use of Adjusted EBITDA rather than net income (loss), which is the most directly comparable GAAP measure.
Since year-to-date adjusted EBITDA is already $15.8 million, that means Q4 will be just $4.1 million. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Real time prices by BATS. That's because at this point, investors are likely more concerned with revenue growth than profit growth -- and the company did great on this front. The market has been getting walloped this week by the rapid spread of the COVID-19 coronavirus well beyond China. Investors can expect bottom-line results to bounce around for a while based on the company's spending on growth initiatives.In the earnings release, CFO Mark Nelson said, "In 2020, we seek to build on this [strong] foundation while continuing to prioritize aggressive growth by increasing our intensity with respect to our marketing and R&D initiatives, and accelerating our global expansion plans to capitalize on our strong positive momentum. About Us
Earnings Revenues. Some of these limitations are:These non-GAAP financial measures should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP.