Beyond Meat: Q3 Earnings Snapshot

EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — Beyond Meat Inc. (BYND) on Wednesday reported a loss of $82.8 million in its third quarter.

On a per-share basis, the El Segundo, California-based company said it had a loss of $4.32. Losses, adjusted for non-recurring costs, were $2.21 per share.

The plant-based meat company posted revenue of $64.5 million in the period.

For the current quarter ending in December, Beyond Meat said it expects revenue in the range of $54 million to $59 million.

Beyond Meat shares have fallen 71% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.15, a decrease of 82% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYND at https://www.zacks.com/ap/BYND