BYND is scheduled to report Q2 results tonight after the bell with a conference call scheduled for 4:30 p.m. ET.
The current Capital IQ Consensus Estimate for Q2 calls for a loss per share of $0.02 on sales growth of 47.6% to about $99.35 mln.
The company has seen growth on the sales side with revenues up more than 200% yr/yr until the most recent quarter's 141% growth. Shares still moved higher following last quarter's "slower" growth as the company reported a profit when Street expectations were gearing up for a modest loss.
TECHS
BYND has an $8.7 bln market capitalization and trades at a hefty premium -- on an EBITDA basis -- to other consumer growth names like Freshpet (FRPT), Yum! Brands (YUM), and Simply Good Foods (SMPL).
Based on the weekly Aug07 $140 calls, the options market is pricing in a move of approximately 14% in either direction by weekly expiration (Friday).
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