===Beyond Meat (BYND) reported earnings on Thur 23 Feb 23 (a/h)

 ** charts before earnings **

** charts after earnings **

Beyond Meat beats by $0.15, beats on revs; guides FY23 revs in-line 

• Reports Q4 (Dec) loss of $1.05 per share, $0.15 better than the S&P Capital IQ Consensus of ($1.20); revenues fell 20.6% year/year to $79.94 mln vs the $75.8 mln S&P Capital IQ Consensus.
  • Gross profit was a loss of $2.9 million, or gross margin of -3.7% of net revenues.
• Co issues in-line guidance for FY23, sees FY23 revs of $375-415 mln vs. $391.37 mln S&P Capital IQ Consensus.
  • Gross margin is expected to be in the low double-digit range, increasing sequentially throughout the year.

Earnings this week : Feb 20 - 24, 23 (wk 8)

Monday (Feb 20)

• Afternoon: ADTN CPRT PLOW MTW NDSN WMB

Tuesday (Feb 21)

• Morning: ARNC AWI AVNS BCRX DAN DRH DFIN ELAN NPO ETRN ESPR EXPD FLR HRMY HD HUN IR JBT JELD LGIH LECO LPX MDT MIDD TAP PEG SPNS SMP TECK TPH TRN WD WMT WLK
• Afternoon:  ABCL ALIT ATRC AGR BCC CZR CWH CHK CWAN COIN CSGP CW FANG ESI EXAS FLS GFL GMED HALO TWNK IAA IOSP KAR KW KEYS LZB MTDR MATX MED NHI PANW PEB PUMP PTCT PSA QTWO O RBA SRPT SBAC SPT STAA SKT TOL RIG UFPI UNVR VNOM WSC WK ZIP

Wednesday (Feb 22)

• Morning:  ALLE AVA BIDU BCO CRL CSTM DRVN EDIT EVBG FVRR FDP GRMN GEL THRM ROCK GIL GLBE HEES IBP IART IONS LIVN NI OSTK PGTI PLAB DOC PRG RGEN SBGI STLA SHO TJX TNL UTHR VRT WING WIX WWW
• Afternoon:  ACVA AGI ATUS AMWL ANSS APA AMK BTG BMBL WHD CPE CAKE CHDN CIVI CDE FIX CTRA CCRN DVA BROS EBAY ECPG EPR ETSY EVTC EVH EXR FPI FNF FIVN GKOS GSHD ICLR IMAX KALU LMND LGND LCID MGNI MRVI VAC DOOR MTTR MGRC MMSI MOS MYRG NTAP NUVA NVDA OLO OGS ORA OUT PAAS PK PDCE PXD LUNG RXT RELY RCII SNBR SM STRA RGR NOVA RUN TNDM TDOC TPIC TMDX USPH UCTT UIS U VMI VCYT WES

Thursday (Feb 23)

• Morning: AGIO BABA ALNY AEP AMT HOUS AMBP BAND BBWI BHC CARS CBRE LNG CQP IMOS CCOI COMM DEN DPZ DTE EME ENOV EXLS AG FCN GPC HLMN HNI INSM NTLA IRM KDP KYMR LNTH LKQ MPW MFA MGPI MRNA MODV NABL NEO NTES NEM NICE NKLA NOMD NVCR OGE OPCH PZZA PCG PLNT PRMW PWR RSKD SPTN SRCL SHOO FTI TNK TFX TNC SHYF THRY BLD TAC TRS VCEL VIPS W WOW YETI
• Afternoon:  ACCO ALRM ALKT LNT ALTR AMH ACA ADSK BALY BBDC BYND BIGC SQ BKNG BCOV BWXT CABO CRC CVNA CE CHE CDXS COLL CYRX LAW CUBE CWK DH BOOM EIX ENV EOG EXFY FTCH FND FOXF FTAI GLPI GDOT GDYN GH HBM INFN INGN PODD INTU IRTC KTOS LZ LMAT LSI LYV MNKD MTZ MELI MCW MP NVTS LASR NOG OII LPRO OPEN OPK PAY PBA PEN PRDO PLYA PRI KWR RLAY RVLV RHP SEM SWN SPXC SG TMST TVTX OLED UPLD MDRX VICI VICR VIR WBD XNCR ZETA

Friday (Feb 24)  

• Morning:  ACMR BRC GTLS CM CNK DBRG EVRG FYBR GTN DINO LAMR NWN PNM SSP TBLA TPB SLCA UNIT

-=Beyond Meat (BYND) reported earnings on Wed 10 Nov 21 (a/h)

 

Beyond Meat misses by $0.48, reports revs in-line; guides Q4 revs below consensus

• Reports Q3 (Sep) loss of $(0.87) per share, excluding non-recurring items, $0.48 worse than the S&P Capital IQ Consensus of $(0.39); revenues rose 12.7% year/year to $106.43 mln vs the $106.1 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q4, sees Q4 revs of $85-110 mln vs. $127.73 mln S&P Capital IQ Consensus.
  • Co continues to be affected by near-term uncertainty related to COVID-19 and its potential impact including on demand levels, labor availability and supply chain disruptions.

Earnings this week : Nov. 8 - 12, 2021 (wk 45)

Monday (Nov 8)

• Morning:  BKI IMOS COTY EDIT EHTH XPRO GTES HLIO VAC PRVA RDNT RETA TTD TSEM THS TSE USFD VTRS WOW
• Afternoon: ACAD AEIS AEL AMC AMRS ATCO BAND BEKE BLDP CBT CSII CXW DDD DOOR ENV FIVN FRPT IFF IPAR JKHY LFST MRC MRTX MWA NCMI NEWR NEX NHI NVRO NVTA OSH PRA PRAA PRI PRIM PYPL RBLX REAL SANM SDC SPCE SQSP SWAV TME TPIC TREX TRIP TWO VUZI WPRT ZNGA

Tuesday (Nov 9)

• Morning: ADT ATC BSY BHVN BNTX CAH CEVA ECOM DHI EBIX ECVT EPZM FSS HAE HAIN HGV HUYA IIVI IGT ITCI MLCO MIDD MNTV MSGE NOVT PLTR PRPL SEAS STWD SYY TGI TUFN VCEL VSAT WNC WRK WKHS
• Afternoon:  AKA AMK AMPL ARLO ASH CARG CCXI CERT COIN DAR DASH DNUT DOCS DV ELY EPAY EVBG FGEN FLGT FLYW FUBO G GLBE GO GOCO HCAT INO JAZZ LGND LPRO MCFE MODN MSGS NARI NIO NSTG NUVA OLO ONTF PAAS POSH PUBM PYCR RNG RPAY SAIL SCSC SEER SGMS SILK STEP TOST TPTX TTEC TWNK TWOU U UPST VRM VZIO WES WYNN

Wednesday (Nov 10)

• Morning:  ADNT AER APG DFH ENR EYE FLOW FOUR FVRR GIB IS KELYA KRNT ME MNDY PFGC PRGO SHC SHCR VERX WEN WWW
• Afternoon:  AFRM AMWL APP ATO BMBL BRKS BROS BYND BZH CCMP COMP CRCT DIBS DIS DUOL ENS FICO FIGS GDRX HIMS HNST KGC LZ MAX MQ MRVI MSP OPEN ROOT RRGB SDGR SOFI SPTN TASK ULCC WISH ZIP

Thursday (Nov 11)

• Morning: AZUL CAE CELH EPC GRWG MT NICE OGN PGTI SBH STNG THRY TPR UTZ WB WIX YETI
• Afternoon:  AQN ARRY BLNK CPNG FLO GAN JAMF RIDE PAGS PVG SNDL 

Friday (Nov 12)  

• Morning:  AZN CGEN ROLL SPB WRBY

 

Earnings spotlight: 

Monday, November 8: US Foods (NYSE:USFD), Tencent Music (NYSE:TME), AMC Entertainment (NYSE:AMC), 3D Systems (NYSE:DDD), Virgin Galactic (NYSE:SPCE) and PayPal (NASDAQ:PYPL).

Tuesday, November 9: Cardinal Health (NYSE:CAH), Sysco (NYSE:SYY), Nio (NYSE:NIO), Coinbase Global (COIN), Wynn Resorts (NASDAQ:WYNN) and ChannelAdvisor (NYSE:ECOM).

Wednesday, November 10: Performance Food Group (NYSE:PFGC), Wendy's (NASDAQ:WEN), Fiverr International (NYSE:FVRR), Weber (NYSE:WEBR), Disney (DIS), Affirm Holdings (NASDAQ:AFRM), Opendoor Technologies (NASDAQ:OPEN) and Beyond Meat (NASDAQ:BYND).

Thursday, November 11: Alibaba (NYSE:BABA), Li Auto (NASDAQ:LI), Coupang (NYSE:CPNG), Yeti (NYSE:YETI) and Pinduoduo (NASDAQ:PDD).

Friday, November 12: AstraZeneca (NASDAQ:AZN) and Spectrum Brands (NYSE:SPB).

-=Beyond Meat (BYND) establishes joint venture with PepsiCo (PEP)

 

Beyond Meat establishes joint venture with PepsiCo

PepsiCo and Beyond Meat today announced they will form The PLANeT Partnership, a joint venture to develop, produce, and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat's technology in plant-based protein development and PepsiCo's marketing and commercial capabilities to create and scale new snack and beverage options.

Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The PLANeT Partnership

=Beyond Meat (BYND) reported earnings on Tue 4 Aug 20 (a/h)

Beyond Meat reports EPS in-line, beats on revs 
Reports Q2 (Jun) loss of $0.02 per share, in-line with the S&P Capital IQ Consensus of ($0.02); revenues rose 68.5% year/year to $113.34 mln vs the $99.35 mln S&P Capital IQ Consensus.

• During the second quarter of 2020, net loss included $5.9 million of costs associated with the product repacking activities attributable to COVID-19, $1.6 million in product donation costs related to the Company's COVID-19 relief campaign, and $1.5 million of early debt extinguishment costs associated with the Company's refinanced credit arrangements. Excluding these costs, Adjusted net loss was $1.2 million in the second quarter of 2020, or $0.02 per diluted common share, compared to Adjusted net income of $2.3 million, or $0.05 per diluted common share, in the year-ago period.
• Adjusted EBITDA was $11.7 million, or 10.3% of net revenues, in the second quarter of 2020 compared to Adjusted EBITDA of $6.9 million, or 10.2% of net revenues, in the year-ago period.
• Adjusted gross profit, which excludes $5.9 million of costs associated with product repacking activities due to COVID-19, was $39.6 million, or Adjusted gross margin of 34.9% of net revenues, in the second quarter of 2020, compared to Adjusted gross profit of $22.7 million, or Adjusted gross margin of 33.8% of net revenues, in the year-ago period. The increase in Adjusted gross profit and Adjusted gross margin was primarily due to direct materials and packaging input cost savings, direct labor efficiencies, and an increase in the volume of products sold in the second quarter of 2020 compared to the year-ago period.
• Due to the COVID-19 pandemic, as previously communicated, the Company experienced a meaningful slowdown in its foodservice business as various regions around the world implemented stay-at-home orders, resulting in the closure or limited operations of many of its foodservice customers. At the same time, the Company experienced an increase in demand by its retail customers as consumers shifted towards more at-home consumption, which more than offset the decline in sales to foodservice customers. While many of the Company's foodservice customers have reopened, most are operating under various local restrictions and continue to navigate a highly uncertain environment. Given the uncertainty regarding the ultimate duration, magnitude and effects of the COVID-19 pandemic, management remains unable to predict the continuing impact of COVID-19 on its business for the balance of the year with reasonable certainty. As such, the Company's 2020 outlook, previously provided on February 27, 2020, remains suspended until further notice.

Earnings this week : August 3 - 7, 20 (wk 32)

Monday (Aug 3)

• Morning: CLX CMS CNA EME GPN LGND CLI MPC MCK MCY MPLX NNN NBL TKR TSN
• Afternoon: AIG BRKR BWXT CWST CHGG CRUS FANG DLB PLOW EMN FIVN FBM FRPT HHC H ICHR IR INVH ITRI KMPR KMT KLACRMBS RRC O RBC REG RNG SBAC SEDG STE SYKE TTWO THC TXRH TREX VVV VNOM SPCE WMB

Tuesday (Aug 4)

• Morning: ACM ATI AMRN AMCX AME ARMKBMCH BP CNK CYBR DEA EPC ESI EMR AQUA EXC EXPD FIS FI IT THRM HEES HAE HLNE HSIC IAA INCY INGR IPHI XENT IGT IPGP JELD KKR LCII LEA LDOS TREE LGIH MNK PRIM RCM RL RHP SPNS BLD TDG USCR USFD VSH VMC WEC WBT WRK ZBH
• Afternoon: ACHC ATVI ALSN ALL ANET BYND BMRN BOOT CDLX CDNA CDK CNO COHR CMP CORT DK DVN ENTA ENPH ETH EVER EVTC EXR FOE FNF FMC FOXA GTES GLUU LOPE GDOT PEAK ICFI IOSP INGN INSP NVTA JAZZ KTOS LC LPSN LMNX MTCH MODN MNST NKLA NPTN NEWR NUVA ONTO OMI ORCC PAYC PAA PLNT PPD PUMP PRU RGA TSLX TRHC TRUP TWLO UPWK VRSK DIS WU WW WYNN

Wednesday (Aug 5)

• Morning: AEIS GOLF ALE ABC ARES ASTE ATH AVA BCOR BWA BV CPRI CDW FUN CRL CLH CVS DISCA ERJ ENBL ENR EVRG EVOP EXTR FVRR GCP GEL ROCK HSC HEP HMC HZNP HUM INMD IONS KAR LL MTG MIDD MRNA NYT NXST NLSN NI DNOW ODP PSN PRGO REGN REYN SRE SBGI SR STWD STOR SSYS TCP TEVA TRI VCEL VST WD W WEN WWW
• Afternoon: ACAD DDD ADT ADTN ATSG ALRM ALB DOX UHAL AEL AWK ANSS ARNA ATO BTG BLDP BNFT BFAM CCMP CWH CVNA CTL CDAY CF CHX CHNG XEC COLL CPA CXW CTVA CCRN CSGS CUB DAR DCP ELF ECPG ENDP ET PLUS EPR WTRG ETSY RE FSLY FATE FRT FISV FOXF FNV FTDR GBT GMED GDDY HR HI TWNK HUBS IAG IMMU INFN INSG JACK KBR KRO LHCG LNC LYV MFC MRO MATX MBI MET MWA NTRA NVRO LASR MNIH NUS NUAN OLN OHI OSUR OR OUT PAAS PK PE PDCE PVG PRI PGNY PTCT PSA QTWO KWR RYN RCII RMD ROKU RGLD SGMO SRPT SILK SONO SJI SQ STAA SUN SPWR SYNA TTGT TRMB TWO VAR VSLR VOYA HCC WELL WDC ZIXI ZGNX ZNGA

Thursday (Aug 6)

• Morning: AAON ABMD ACIW ADNT WMS AES ALNY AEP AMRX AAWW BLL BHC BDX BMY CNQ CAH ECOM LNG CHH CWEN CCOI CFX COMM CORE CRON XRAY EPAM EXLS FLI GTN HL HLT HIMX IBP NTLA IDCC IRM IRWD JLL KELYA KTB LAMR LAUR LXP MMS MYL EYE NICE NOMD NCLH OGE PCRX PZZA PH PENN DOC PNW PLUG PBH PWR QSR STNG SEE SERV SRCL SYNH TRGP TEN MEET SHYF THS USPH VGR VER VIAC VSTO VG WLK WIX YETI ZTS
• Afternoon: AL XLRN LNT ALTR AYX AMH COLD AMN AINV APPN AGO AVT AAXN AXNX BECN BL BKNG EPAY BHF CABO CBT CZR CATM CARG CHUY NET ED CNDT CUBE CWK DDOG DRH DBX DXC EDIT ENV EOG EB EVBG EXEL FGEN FSLR FLO FTNT GPRO GRPN GH GWPH HTA HLF ILMN PODD IRTC LSI LFG.A LTHM LVGO MAIN MTW MMI MHK MSI NFG NSA NKTR NNI NWSA NDLS NLOK OTEX PCT PLYA POST PRAA PRAH PBYI RPD ROLL RMAX RGNX RSG RBA STMP SLF SVMK SWCH TMUS TLND TDC REAL TTD TPIC TRIP TRUE TWST UBER OLED UPLD ECOL VSAT WCM WWD YELP ZG ZIOP

Friday (Aug 7)

• Morning: CSIQ CNNE ROAD HMSY TILE KIM MGA NJR NWN SABR VTR VIRT

Earnings spotlight: 

• McKesson (NYSE:MCK), Marathon Petroleum (NYSE:MPC), Tyson Food (NYSE:TSN), AIG(NYSE:AIG), Tenet Healthcare (NYSE:THC) and Dish Network (NASDAQ:DISH) on August 3; 
• BP (NYSE:BP), US Foods (NYSE:USFD), Exelon (NASDAQ:EXC), Prudential (NYSE:PRU), Disney (NYSE:DIS), Allstate (NYSE:ALL), Ralph Lauren (NYSE:RL) and Fox Corporation (NASDAQ:FOXA) on August 4; 
• Honda (NYSE:HMC), CVS Health (NYSE:CVS), Humana (NYSE:HUM), Wayfair (NYSE:W), Wendy's (NASDAQ:WEN), MetLife (NYSE:MET) and Western Digital (NASDAQ:WDC) on August 5; 
• Cardinal Health (NYSE:CAH), Bristol-Myers (NYSE:BMY), ViacomCBS (NASDAQ:VIAC), Mylan (NASDAQ:MYL), Yeti (NYSE:YETI), T-Mobile (NASDAQ:TMUS), Con Edison (NYSE:ED) and Uber (NYSE:UBER) on August 6; 
• Magna International (NYSE:MGA), Domtar (NYSE:UFS) and Canadian Solar (NASDAQ:CSIQ) on August 7.

-=Beyond Meat (BYND) reported earnings on Tue 4 May 20 (a/h)

Beyond Meat beats by $0.11, beats on revs, suspends 2020 outlook

Reports Q1 (Mar) earnings of $0.03 per share, $0.11 better than the S&P Capital IQ Consensus of ($0.08); revenues rose 141.5% year/year to $97.1 mln vs the $87.1 mln S&P Capital IQ Consensus.

Growth in net revenues was primarily due to an increase in volume sold, partially offset by lower net price per pound. Growth in volume sold was driven mainly by expansion in the number of distribution points both domestically and abroad, higher sales velocities at existing retail customers, and contribution from new products introduced subsequent to the first quarter of 2019.

Adjusted EBITDA was $12.7 million compared to an Adjusted EBITDA loss of $2.1 million in the year-ago period.

Suspends 2020 Outlook: The company continues to expect to benefit from food-at-home consumer demand in its retail channel, however, given the ongoing uncertainty related to the COVID-19 pandemic, including the magnitude and duration of the impact to the foodservice channel, in particular, the company is suspending its 2020 outlook previously provided on February 27, 2020 until further notice.

****

Beyond Meat said it would launch an aggressive discounting onslaught over the summer, in an effort to boost sales while shortages drive prices of real meat higher. Beyond Meat stock jumped Wednesday.

CEO Ethan Brown announced the plans during the company's conference call to discuss first-quarter earnings, which beat expectations. But the company also said that a test of a sandwich patty at McDonald's (MCD) — a potentially huge customer — had ended.

As coronavirus outbreaks shutter large meat processing plants in the U.S., thinning out supply in the process, Beyond Meat said it would offer bigger package sizes in grocery stores, with 10 to 12 burgers at a time. And as the coronavirus pandemic constricts restaurant service, management said it was redirecting resources toward its retail business.

Beyond Meat said in March that "this is a time of hypergrowth," as it forges ahead with production plans in Asia despite worries about the coronavirus.

The company's products last month launched in China, via a collaboration with Starbucks (SBUX) that put Beyond Meat on the coffee chain's menus. Beyond Meat has made similar tie-ups with other restaurants.

Earnings this week : May 4 - 8, 20 (wk 19)

Monday (May 4)

• Morning: PETS GATX KELYA PFGC NNN PETS PBI TSN WAB WEC WLK 
• Afternoon:  ACHC ALSN AIG AWR CAR CHGG DLB FN FIVN FRPT ITRI JKHY KMT KN LEG LMNX MHK MOS RMBS O RBC REXR SHAK SWKS SYKE THC TXRH TREX VNOM VNO WWD XPO

Tuesday (May 5)

• Morning: ACM AER AMCX APTV ARMK ARCC DBD D DD DEA FCAU GPI HSIC ITW INCY INGR IPGP JELD JLL TREE LGIH LPX LITE MNK MPC SBSI SYY TRI BLD TDG USCR USFD W WBT WRK
• Afternoon: ATVI ANET BYND BLKB CAMP CAKE COHU CMP DVA DK DVN EA ICFI IOSP INGN INSP NVTA JAZZ KGC KLAC LC LPSN DOOR MTCH MATX MAT MELI MEOH MGNX MODN MYGN NVRO ONTO PINS PAA PLNT PRO PRU SFM STOR VRSK VOYA DIS WU

Wednesday (May 6)

• Morning: AEIS ALXN ARES ASTE BWA BG CARS CBZ CDW FUN IMOS CNHI CGEN CVS DISCA GCP GM GEL GPC ROCK GPN KL KKR MYE NYT DNOW NS ODP OMI PZZA PSN PAG SBH STNG SMG SHOP TMHC TNC MEET VMC WD WM WEN WING WYND ZTS
• Afternoon: DDD ADTN ALB AYX AMED AEL AWK AMP ANGI ANSS APA AZPN ATO AVB BNFT BIO BEAT EPAY BFAM BRKR CCMP CVNA CTL CDAY CF CHEF XEC CPA CXW CSGS CUB CW DAR DCP DRQ ENTA EPR EQIX ESE ESPR WTRG ESS ETSY RE EVRG ES EXAS STAY EXR FSLY FRT FG FORM FTNT FCPT FOXA FOXF FNV GBT GDDY GRUB HR HI HUBS H IMMU INSG IAC INVH IRWD KRO LCI LGND LNC LVGO LYFT CLI MX MFC MRO MET MAA NTRA NBIX LASR NMIH NDLS NUS NTR NUVA OSUR PAAS PYPL PTON PING PXD PPD QTWO QGEN QDEL RDN RMAX RP RNR RCII REZI RNG RGLD SRPT SEDG SONO SJI SAVE SQ STAA SRI RUN TMUS TLND TTGT REAL TIVO TRMB TSE TROX TWLO TWO UDR UGI RARE UPWK VVV VIAV WCN WTS WELL WPM WPX WYNN ZIXI ZNGA 

Thursday (May 7)

• Morning: AAON AAN ACIW GOLF AES ABC BUD MT AAWW BLL BHC BCE BDX BV BMY CNQ CNNE CBRE CNP ECOM CRL CWEN CCOI CFX COMM CTB CORE CTVA DHR DISH SATS EPC EDIT ELAN ENB ENDP ENR EPAM EQT EXLS FIS FVRR FOCS IT THRM GTN HAIN HL HES HLT HIMX HFC HII NSIT IART NTLA IDCC IRM JBLU KAR KTB LAMR LAUR LXP MGA MBUU MMS MD MIDD MRNA MUR EYE NTCT NOMD OGE PCRX PEGI PENN PRFT DOC PBH PWR RTX RHP SERV SHLX SPAR SRCL TGNA TU TEVA TW THS VIAC VIRT VSTO VG WEX XEL YETI 
• Afternoon: ADT AL ALRM APPN AAXN BECN BILL BJRI BKNG CTSH SCOR ED CCRN DBX ENV EOG FSLR FISV GLUU GPRO LOPE GH HLF ICUI IPHI PODD ITGR LHCG LSI LYV MTW VAC MCHP MNST NWSA NUAN OMCL PDCE PEB PBA PRAA PFPT PBYI QRVO QLYS RPD RDFN RBA ROKU SKYW STMP SPWR SVMK SYNA TDC TTD TRUE TCX UBER OLED UPLD ECOL YELP ZG 

Friday (May 8) 

• Morning: AXL ATH AVA BLMN BPMP BR BIP CATM REOAD CRON UFS ESNT EVTC EVOP EXC GTT HEES HSC HMSY TWNK TILE KIM LEA NJR NBL OUT PBF PNW PPL SABR SSP SEAS SR SHO SWCH TEN VTR

*******

Earnings spotlight: Tyson Foods (NYSE:TSN), Shake Shack (NYSE:SHAK), Skyworks Solutions (NASDAQ:SWKS), Freshpet (NASDAQ:FRPT) and Chegg (NYSE:CHGG) on May 4; Marathon Petroleum (NYSE:MPC), Fiat Chrysler Automobiles (NYSE:FCAU), Sysco (NYSE:SYY), Beyond Meat (NASDAQ:BYND), US Foods (NYSE:USFD), DuPont (NYSE:DD), Activision Blizzard (NASDAQ:ATVI), Disney (NYSE:DIS), Prudential (NYSE:PRU), Allstate (NYSE:ALL) and Dominion Energy (NYSE:D) on May 5; CVS Health (NYSE:CVS), General Motors (NYSE:GM), Bunge (NYSE:BG), Barrick (NYSE:GOLD), MetLife (NYSE:MET), T-Mobile US (NASDAQ:TMUS), Etsy (NASDAQ:ETSY), Shopify (NYSE:SHOP), Peloton Interactive (NASDAQ:PTON) and PayPal (NASDAQ:PYPL) on May 6; AmerisourceBergen (NYSE:ABC), JetBlue (NASDAQ:JBLU), Booking Holdings (NASDAQ:BKNG), Raytheon Technologies (NYSE:RTX), Anheuser-Busch InBev (NYSE:BUD), Bristol-Myers Squibb (NYSE:BMY), ViacomCBS (NASDAQ:VIAC), Baidu (NASDAQ:BIDU), Uber (NYSE:UBER), News Corp (NASDAQ:NWSA) and Post Holdings (NYSE:POST) on May 7; and SeaWorld Entertainment (NYSE:SEAS), Cronos (NASDAQ:CRON) and PBF Energy (NYSE:PBF) on May 8.

=Beyond Meat (BYND) reported earnings on Mon 28 Oct 19 (a/h)

Beyond Meat beats by $0.02, beats on revs; guides FY19 revs above consensus; as expected, reports a quarterly profit for first time ever

Reports Q3 (Sep) earnings of $0.06 per share, $0.02 better than the S&P Capital IQ Consensus of $0.04; revenues rose 250.0% year/year to $91.96 mln vs the $83.35 mln S&P Capital IQ Consensus.

• Adjusted EBITDA jumped to $11.0 mln from $(5.7) mln loss last year.

Co issues upside guidance for FY19, sees FY19 revs of $265-275 mln vs. $266.63 mln S&P Capital IQ Consensus and vs prior guidance of above $240 mln.

• "We are very pleased with our third quarter results which reflect continued momentum across our business and mark an important milestone as we achieved our first ever quarter of net income."

Earnings this week : Oct 28 - Nov 1, 19 (wk 44)

Monday (Oct 28)

• Morning: AMG AWI T AVX CTB L PHG QSR SPOT WBA
• Afternoon: AKAM AMKR APPF ARE AVB BLKB BRO BRX BYND CGNX CR CVCO EHC GDI GOOG/L HLIT HTA HTLF INST JBT LEG MEDP NOV NXPI OFC OFIX OGS OI OMF PCH RE RIG ROIC SANM SBAC SSB SSD TBI TCF TMUS TREX TRTX TXRH VNO VRNS WCN WELL WIRE XPO  GRUB

Tuesday (Oct 29)

• Morning: AGCO AN AOS ASTE BP BTU CEQP CIGI CMI CNX CNXM COP CVLT DBD ECL EME ETN EXLS FDP FELE FMS GLT GLW GM  HCA HSC HUBB HZO I INCY IPGP IR IRDM K KKR LDOS LNN MA MLM MMC MRK NEO PAG PFE R SHOO SHOP SLCA SMPL SPGI TECH THRM VSH WAT WDR WH XRX ZBRA
• Afternoon: ACCO ACGL ADSW AFG AGR AJRD ALL AM AMD AMED AMGN APAM AR ATEN ATGE AX AXS BGFV BVN BXP CAI CAKE CB CCS CHE CHRW CXO CYH DENN DLR EA EIX ENPH EPR EQC EXAS EXR FCF FCPT FEYE FMC FNF GNW HLF HURN HY IEX INVH IPHI KAI KBR LDL LSCC MAT MDLZ MDR MDU MGRC MOH MRCY MSTR MTDR MXIM NATI NBR NWE OKE OSPN PAYC PSA PSMT PTCT QUAD REXR RNR RPAI RRD RXN RYI SAM SGEN SILK SIMO SXI SYK SYX TCO TCS TENB TX UDR UIS UMBF UNM VNOM VRSK WRI YUMC ZEN

Wednesday (Oct 30)

• Morning: AAWW ADP AIT APTV ARCC AXE BDC BG BKR CBZ CIM CLH CME CROX CRTO DAN DIN EAT ETR EXTR FLOW GE GLOP GRMN HEP HES HPP HTLD INSM IQV JHG KFRC LECO LFUS LHX LIVN MAS MCK MCO MDCO MLCO NI NMRK NVT NYCB ORBC OSK RCL SAIA SC SF SITC SITE SMP SNE SO SPG ST SUM TAP TEL TMHC TNC TUP UMC UTHR WCG WING WYND YUM
• Afternoon: AAPL ACA ACAD ADTN AEGN AGI AGNC AKS ALEX ALSN APA ARES ATRC AWK AXTI AZPN BFAM BLDP BOOT CACI CATM CERS CF CHDN CHEF CLI CLR CMPR CNMD CNXN COLM CONE CREE CRUS CRY CSGS CTSH CW DCO DDD DRE DT ECOL EGHT EGOV ELY ENSG EQIX ETSY EVTC EXEL FARO FB FLS FORM FOXF FRT H HABT HCC HCP HTGC HUBG HVT IMMU INOV INT KLAC KW LM LNC LSI LYFT MAA MANT MASI MC MDC MDR MEOH MET MGM MLNX MMSI MSI MUSA MYRG NE NGHC NLY NR NUVA OII OLED PCTY PDM PKI PPC PRAH PS PVG QDEL QGEN QLYS RBBN RDN REG RGA ROG RPT RSG RTRX RWT RYN SBUX SCI SFM SIGI SKT SKY SKYW SOI SPWR SPXC SRI STAG SU SWI TDOC TEX THG TKR TREE TRMB TS TTMI TWLO TYL UCTT VIAV VRTX WDC WHD WMB WPX WTI WTS ZNGA

Thursday (Oct 31)

• Morning: AAON ABMD ADM AGIO AKRX ALNY AMCX AME AMT APO APRN ARD ARW ATI AVP BCE BLD BLL BMY BWA CDW CFR CFX CG CHD CI CLX CNSL COR CPG CRAI CRC CTVA CVE CWT DD DLPH DNKN ECA EIGI EL EQT EXC EXP FCAU FLIR FLR FLWS FSS GIL GNRC GOLF GPN HBI HFC HGV HMHC ICE IDA IDCC IDXX IMAX INGR IP IRM IRWD IT ITGR KHC LAZ LITE LKQ LNTH LXRX MAC MGPI MIXT MMP MNTA MO MPC MPLX MPW MSCI MSG MUR NEWM NNN NTCT NTLA NVCR OSB PBF PBFX PBH PEG PENN PH PQG PWR RDS.A RFP RGEN SABR SILC SIRI SNDR SNY SPAR SPR SRCL STAR STFC STOR SYNH TEN TFX TPH TPX TRI W WAB WCC WEX WLTW WRLD WWE XHR XYL YETI YRCW ZIXI
• Afternoon: ACLS AIV AMN ANET APPN ARCB ATR AYX BGS BIO BLDR BRKR CAR CASA CPT CWST ERII FNKO FTAI FTNT GLPI GPOR HTH JCOM LOCO LYV MELI MERC MINI MOBL MRC MTX MTZ NFG NPTN OEC OLN OTEX PDFS PINS PMT QRVO RMAX SEM SHLX SM SSNC TDS TGH USM VICI VSAT WU X 

Friday (Nov 1)

• Morning: ABBV ABR AIG AMAG ASIX AXL BABA BAH BGG CBOE CCJ CL CVX D FND FTS GSHD HAE HE HMSY HRC IBP IMGN IMO ITT LNG LYB MD MGI MGLN MOG.A NWL OPI PBA PNM POR ROLL RUTH SRE STX TPB TRP USX WOW WPC XENT XOM

Notable earnings reports:

• Alphabet (NASDAQ:GOOGL), Spotify (NYSE:SPOT), Beyond Meat (NASDAQ:BYND), AT&T (NYSE:T), NXP Semiconductors (NASDAQ:NXPI) and Walgreens Boots Alliance (NASDAQ:WBA) on October 28; 
• Shopify (NYSE:SHOP), AMD (NASDAQ:AMD), Electronic Arts (NASDAQ:EA), (NXPI), General Motors (GM), Mattel (NASDAQ:MAT), Mastercard (NYSE:MA), FireEye (NASDAQ:FEYE) and ConocoPhillips (NYSE:COP) on October 29; 
• Apple (NASDAQ:AAPL), Facebook )FB), Lyft (NASDAQ:LYFT), Sony (NYSE:SNE), Yum Brands (NYSE:YUM), Starbucks (NASDAQ:SBUX), General Electric (NYSE:GE) and Twilio (NYSE:TWLO) on October 30; 
• Pinterest (NYSE:PINS), Altria (NYSE:MO), Wayfair (NYSE:W), Kraft Heinz (NASDAQ:KHC ) and MercadoLibre (NASDAQ:MELI) on November 1; Alibaba (NYSE:BABA), AbbVie (NYSE:ABBV), ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX) and U.S. Steel (NYSE:X) on November 1. 

=Beyond Meat (BYND) reported earnings on Mon 29 July 2019 (a/h)

Beyond Meat misses by $0.16, beats on revs; raises FY19 revs above consensus, EBITDA to positive from break even
Beyond Meat announces 3.25 mln share Proposed Public Offering of Common Stock, 3 mln by selling shareholders

Reports Q2 (Jun) loss of $0.24 per share, $0.16 worse thanthe S&P Capital IQ Consensus of ($0.08); revenues rose 286.8% year/year to $67.3 mln vs the $52.71 mln S&P Capital IQ Consensus, primarily due to an increase in sales volumes of products in our fresh platform across both our retail and restaurant and foodservice channels, driven by expansion in the number of retail and foodservice points of distribution, including new strategic customers, international customers, and greater demand from our existing customers.

Gross profit was $22.7 million, or 33.8% as a percentage of net revenues, in the second quarter of 2019, compared to $2.6 million, or 15.0% as a percentage of net revenues, in the prior-year period. The increase in gross profit and gross margin was primarily due to an increase in the amount of products sold, resulting in operating leverage and production efficiency improvements. A greater proportion of gross revenues from the Company's fresh platform also contributed to the improvement in gross margin.

Co issues upside guidancefor FY19, raises FY19 revs to exceed $240 mln from $210 mln vs. $223.94 mln S&P Capital IQ Consensus. Adjusted EBITDA to be positive compared to prior expectations of break-even Adjusted EBITDA. 

=== Before market close

The stock has been on an absolute tear since pricing 9.6 mln shares in an IPO at $25 in early May. The stock is up nearly 400% since opening at $46 on its first day of trading as momentum traders have piled in.

• Analysts are looking for Q2 EPS of ($0.08) with revenue up 203% to $52.7 mln.
• The company has guided for break-even EBITDA on revenue of ~$210 mln (+140%). The company will have to handily exceed estimates on the top line because analysts are expecting FY19 revenue of $224 mln.
• The stock continues to squeeze higher as it announces new products and partners for distribution. Beyond Meat announced Beyond Beef last month. Blue Apron will start carrying the Beyond Burger next month.Bloomberg last week reported that the company is working on a Beyond bacon product.
• The biggest headwind for the business currently is capacity constraints.
• With a ~$14 bln market value, the stock trades at a beyond belief ~60x sales multiple vs. the average for protein producers at 1x sales and the average for consumer packaged goods stocks at less than 4x sales.
• According to S3 Partners LLC, some 44% of the float is sold short. While there are plenty of reasons to be excited about the company's prospects, the stock appears to be inflated by short squeezes and the limited supply of the stock.

Earnings this week : July 29 - Aug 2, 19 (wk 31)

Monday (July 29)

• Morning: CTB ONDK SNY TSEM
• Afternoon: ACGL AKS AMH AMKR APPF APTS ARE AROC BRX BYND CGNX CHGG CVCO DISH EHC ELVT FRAC HLIT HTLF ILMN INST JBT JJSF LEG MDR MEDP NBIX NBR NGHC NOV NPO NTR NXPI OFC OGS OMF PCH PI PKI QTS RE RGA RIG RMBS RNG SANM SBAC SCI SSB SSD SSNC TACO TBI TEX TREX TRTX TXRH VNO VRNS WCN 

Tuesday (July 30)

• Morning:  AER AGCO AME AOS ARCC BEN BERY CEQP CIGI CMCO CMI CNX CNXM COP CVLT DHI DORM DSX ECL EME EQM ETN EXLS FDP FMS GEO GLT GLW GPN GRUB GTX HCA HUBB HUD HUN I INCY IPGP IR IRWD IT LDOS LGND LLY LPT MA MCRN MGLN MLM MMC MMYT MO MRK MYE NEO NRZ PAG PEG PG R RL SF SHOO SIRI SLCA SNE SQNS SR ST SXC TRS TX UAA VIVO VSH WAB WAT WCG WDR WYND XRX ZBRA
• Afternoon: AAPL ACHC ADSW AKAM ALL AMD AMGN APAM ARCB ASH ATEN ATRC AX AXS BEAT BLKB BXP BYD CACC CCS CDAY CHRW CINF CNO COHR CRY CSLT DENN DLR EA EGHT ENPH EQR EXP EXR FCPT FEYE FMC FTSI GILD GNW GRPN HA HR HUBG HURN HVT HY IMAX INVH IRWD KAI KBR KL LDL LNDC LSCC MC MDLZ MDU MGRC MKSI MOH MRCY MSTR MX MXIM NANO NATI NCR NR NUVA OKE PAYC PSA QGEN QUAD REXR RPAI RRD RTEC RXN SIMO SOI STAG SYKE SYX TCS TENB TRUP TTOO TWOU TX UDR UIS UMBF UNM VNOM VRSK WES WIRE YUMC ZEN

Wednesday (July 31)

• Morning: ACCO ADP AMCX AMRN AMT APO APTV ARES ASC BDC BG BHGE BLMN BTU CBZ CDW CG CHD CIM CLH CME CRL CRTO D DAN DIN EAF ECA EPD ETR EXTR FCAU FOE FSS GE GIB GLDD GRMN HEP HES HPP HSC HUM ICL JCI JHG KFRC LFUS LHX LIVN MCO MDC MGPI MTOR NI NLSN NYCB ORBC RDWR SAIA SBH SITE SMG SO SPG SPOT SPR SSYS STNG STRA TAP TGI TKR TMHC TNC TPB UTHR WLTW WNC
• Afternoon: ACAD AEGN AGI ALSN AM AMED APA AR ATR ATUS AVB AWK AYX BAND BLDP BOOT CAKE CASA CBL CCRN CF CHDN CHEF CMPR CNMD CONE CRUS CTSH CW CXO DRE DXCM EGOV EPR EQC EQIX ES ETH EVTC EXEL EZPW FICO FIT FIVN FLS FORM FOXF GDI GHL H HABT HCC HCP HI HOLX INN INOV IRTC KAMN KGC KTOS KW LADR LMNX LNC LPI LPSN LRCX LSI MAA MANT MASI MCK MEOH MET MOD MPWR MTDR MUSA MYRG NEXA NLS NLY OI OLN OR OXY PDM PGRE PK PPC PRAH PRU PS QCOM QLYS RBBN RDN RGR ROG RPT SIGI SKT SKY SKYW SLF SPWR SRI SWIR TDOC THG TIVO TRMB TRQ TS TSLX TTEK TTMI TWLO TYL UCTT VAC VAL VICI VNDA VRTX VVV WDC WELL WHD WLL WMB WRI WTI WTS ZNGA 

Thursday (Aug 1)

• Morning: AAON AAWW ABC ABMD ACOR ADM AGIO AKRX ALE AMCR ARW ASIX AVP BCE BCPC BLD BLL BPL BPMC BR BSIG CBRE CI CIR CLVS CLX CNHI CNQ CNSL CRAI CROX CRS CWT DD DEA DLPH DNKN EEX EIGI EXC GIL GLOG GM GNRC GPOR HBI HFC HGV HII HRI ICE IDA IDCC IDXX IGT INGR INSM IRM ITGR K KEM MAC MD MIXT MMP MPC MPLX MPW MSCI MT NMRK NNN NTCT NTLA NVT OSK PBF PBFX PBH PENN PGTI PH PRFT PWR RDS.A RFP RGEN ROLL RPD SABR SFM SHOP SNDR SPAR SPGI SRCL STAR STFC STOR SUM TFX TGP THS TNK TRI TRP TWI UFS VZ W WCC WEX WING WLH WMS WRK XEL XHR XYL YETI YUM ZEUS
• Afternoon: ANET APHA BZH WIFI CC CBPX DLB EBS EOG ETSY FSLR FLR FTNT GDDY GLUU GPRO TUSK PINS QRVO RDFN SQ SVMK OLED ZIXI

Friday (Aug 2) 

• Morning: ARNC XRAY CVX XOM RACE HRC NWL MGI QSR STX  

Notable earnings reports:

• NXP Semiconductors (NASDAQ:NXPI) and Beyond Meat (NASDAQ:BYND ) on July 29;
• Apple (NASDAQ:AAPL), Merck (NYSE:MRK), Pfizer (NYSE:PFE), Procter & Gamble (NYSE:PG), Altria (NYSE:MO), Electronic Arts (NASDAQ:EA), MasterCard (NYSE:MA), Mondelez International (NASDAQ:MDLZ), AMD (NASDAQ:AMD), FireEye (NASDAQ:FEYE ), ConocoPhillips (NYSE:COP) and Under Armour (UA, UAA) on July 30;
• General Electric (NYSE:GE ), Humana (NYSE:HUM), Qualcomm (NASDAQ:QCOM), Fitbit (NYSE:FIT), Spotify (NYSE:SPOT), Western Digital (NASDAQ:WDC) and Cirrus Logic (NASDAQ:CRUS ) on July 31;
• General Motors (NYSE:GM), U.S. Steel (NYSE:X), Kraft Heinz (NASDAQ:KHC), Shopify (NYSE:SHOP), Etsy (NASDAQ:ETSY), Wayfair (NYSE:W), Yum Brands (NYSE:YUM), Square (NYSE:SQ), GoPro (NASDAQ:GPRO) and Universal Display (NASDAQ:OLED) on August 1; 
• Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM), Newell Brands (NASDAQ:NWL) and Seagate Technology (NASDAQ:STX) on August 2.

Beyond Meat (BYND) reported earnings on Thur 6 June 19 (a/h)

** charts before earnings **

** charts after earnings **

** 1 and 2 days later  **

Beyond Meat beats by $0.01, beats on revs; guides FY19 revs above consensus

• Reports Q1 (Mar) loss of $0.14 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of ($0.15); revenues rose 214.1% year/year to $40.2 mln vs the $38.93 mln S&P Capital IQ Consensus and $38-40 mln preannouncement, driven primarily by an increase in sales of The Beyond Burger, expansion in the number of retail and foodservice points of distribution, including new strategic customers, and greater demand from our existing customers. The Company discontinued its frozen chicken strips product line during the first quarter of 2019, causing a decline in frozen product revenues consistent with its shift to concentrate more on its fresh products platform.
• Gross profit was $10.8 million, or 26.8% as a percentage of net revenues, in the first quarter of 2019, compared to $2.1 million, or 16.1% as a percentage of net revenues, in the prior-year period. The increase in gross profit and gross margin was primarily due to an increase in the amount of product sold with resulting operating leverage, and improved production efficiencies. A greater proportion of revenues from the Company's fresh platform products also contributed to the improvement in gross margin.
• Co issues upside guidance for FY19, sees FY19 revs of exceed $210 mln vs. $204.92 mln S&P Capital IQ Consensus; breakeven EBITDA vs. ($12) mln ests.
• "We are pleased with our expansion in gross margin and the progress we are achieving in Adjusted EBITDA, which gives us confidence in our ability to continue to improve profitability and cash flow generation as we rapidly scale our business."

Earnings this week : June 3 - 7, 19 (wk 23)

Monday (June 3)

• Afternoon: BOX CAL COUP GSM

Tuesday (June 4)

• Morning: CBRL CMD DCI LE NAV TIF
• Afternoon: AMBA CRM GME GWRE HQY NX PVTL

Wednesday (June 5)

• Morning: AEO BF.B CPB GIII SCWX VRA
• Afternoon: ABM CLDR ESTC FIVE GEF MDB REVG SMAR SFIX UNFI

Thursday (June 6)

• Morning: CIEN HOME KIRK MIK SAIC SIG SJM
• Afternoon: BYND DOCU DOMO GES OLLI PD PRSP MTN ZM ZUMZ

Friday (June 7) 
None

• Monday: May ISM Manufacturing Index (prior 52.8) and April Construction Spending (prior -0.9%) at 10:00 ET
• Tuesday: April Factory Orders (prior 1.9%) at 10:00 ET
• Wednesday: Weekly MBA Mortgage Index (prior -3.3%) at 7:00 ET; May ADP Employment Change (prior 275,000) at 8:15 ET; May ISM Non-Manufacturing Index (prior 55.5) at 10:00 ET; weekly crude oil inventories (prior -300,000) at 10:30 ET; and Fed's June Beige Book at 14:00 ET
• Thursday: Weekly Initial Claims (prior 215,000), Continuing Claims (prior 1.657 mln), April Trade Balance (prior -$50.00 bln), Q1 Revised Productivity (prior 3.6%) and Q1 Revised Unit Labor Costs (prior -0.9%) at 8:30 ET; and weekly natural gas inventories (prior +114 bcf) at 10:30 ET
• Friday: May Nonfarm Payrolls (prior 263,000), Nonfarm Private Payrolls (prior 236,000), Average Hourly Earnings (prior 0.2%), Unemployment Rate (prior 3.6%), and Average Workweek (prior 34.4) at 8:30 ET; April Wholesale Inventories (prior -0.1%) at 10:00 ET; and April Consumer Credit (prior $10.30 bln) at 15:00 ET