U.S. indices had a mixed day of trading Friday following better-than-expected jobs data. The unemployment rate for July came in at 5.4%, which was below the 5.7% estimate.
Beyond Meat Inc. (NASDAQ: BYND) shares are trading higher Friday afternoon despite the company reporting worse-than-expected second-quarter EPS results and issued sales guidance below estimates.
Beyond Meat was up 2.5% to $124.92 at time of publication.
Gainers
Sphere 3D Corp. (NASDAQ: ANY) shares rose 35.4% to $4.66 in pre-market trading after the company reported an Agreement to acquire exclusive rights for assignment of cryptocurrency mining assets.
Shares of Beyond Meat (NASDAQ:BYND) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 1450.00% over the past year to ($0.31), which missed the estimate of ($0.23).
Beyond Meat (NASDAQ:BYND) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.23) by 34.78 percent. This is a 1450 percent decrease over losses of $(0.02) per share from the
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
Beyond Meat® (NASDAQ:BYND), a leader in plant-based protein, today announced another exciting milestone in its partnership with A&W Canada with the introduction of Beyond Meat Nuggets. The launch taps into the