Nonrival asks:
How much will Beyond Meat report in net revenue for its first quarter of 2023?
Closed Apr 03, 2023 07:01AM UTC
Beyond Meat, a firm that specializes in producing plant-based meat substitutes, has been dealing with various problems, including falling sales (Beyond Meat, CoStar, Axios, NBC News). The question will be suspended on 2 April 2023 and the outcome determined using data as first released by Beyond Meat in its first quarter 2023 financials, expected in May 2023 (Beyond Meat - Quarterly Results). For the third quarter of 2022, the company reported total net revenues of $82,500 (thousands), or $82.5 million (Beyond Meat - Third Quarter 2022 Financial Results). The company is scheduled to release earnings for the fourth quarter of 2022 on 23 February 2023 (Global News Wire).
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The question closed "Between $85 million and $95 million, inclusive" with a closing date of 3 April 2023.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $65 million | 4% | |
| Between $65 million and $75 million, inclusive | 11% | |
| More than $75 million but less than $85 million | 41% | |
| Between $85 million and $95 million, inclusive | 33% | |
| More than $95 million | 11% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 41 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 100 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
