Beyond Meat posted better-than-expected earnings for the first quarter Tuesday, but warned that it saw a drop in sales at the end of March as the coronavirus pandemic shuttered restaurants around the country.
The company reported a net income of $1.8 million, or 3 cents per share, compared with a net loss of $6.6 million, or 95 cents per share, a year ago.
The company’s adjusted earnings before interest, taxes, depreciation and amortization was $12.7 million
I am expecting an uprise to $135, afterwards investors will sell their shares. And expecting an increase of the share towards $175.
The company reported a net income of $1.8 million, or 3 cents per share, compared with a net loss of $6.6 million, or 95 cents per share, a year ago.
The company’s adjusted earnings before interest, taxes, depreciation and amortization was $12.7 million
I am expecting an uprise to $135, afterwards investors will sell their shares. And expecting an increase of the share towards $175.