Beyond Meat to report earnings as investors eye COVID-19 rebound

Beyond Meat (BYND) is set to report first quarter earnings after the bell on Thursday, with analysts eager to see if rising consumer interest in alternative foods can help offset a weak, pandemic-stricken foodservice channel —which is pressuring sales and profits.

Here are Wall Street's consensus estimates, compiled by Bloomberg:

Revenue: $113.18 million

Adj. profit/loss per share: -$0.21 cents

These results would indicate a sharp decline in quarterly earnings compared to one year ago, when the plant-based meat company reported adjusted earnings of 6 cents per share.