EL SEGUNDO, Calif. (AP) _ Beyond Meat Inc. (BYND) on Monday reported third-quarter earnings of $4.1 million.
On a per-share basis, the El Segundo, California-based company said it had net income of 6 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The plant-based meat company posted revenue of $92 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $82.6 million.
Beyond Meat expects full-year revenue in the range of $265 million to $270 million.