Yahoo Finance Beyond Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Beyond (NYSE:BYON) Second Quarter 2024 Results
Key Financial Results
Revenue: US$398.1m (down 5.7% from 2Q 2023).
Net loss: US$42.6m (loss narrowed by 42% from 2Q 2023).
US$0.93 loss per share (improved from US$1.63 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beyond Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 7.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Beyond that we have uncovered.
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