The company had the most successful IPO in over two decades after it priced around $25 but its first trade was nearly double that, at $46.
Analysts polled by Factset expect that company to post a loss per share of 15 cents.
"With expectations high, we maintain our Hold on BYND ahead of co.'s 1Q earnings report on Thursday. We expect few surprises in the quarter as the company provided recent outlook in April;
however, given broad-based business momentum, expectations of a [McDonald's (MCD) - Get McDonald's Corporation (MCD) Report ] win, and positive recent news flow, we believe the market widely expects an upward revision to BYND's outlook," wrote Jeffries analysts in a note looking ahead to Beyond's earnings.
"With Nielsen data showing sequential acceleration, recent news flow positive (e.g., Tim Hortons, manufacturing agreement in Europe), and food service showing clear momentum, there is a widely held view that [Beyond's] guidance is too conservative," continued Jeffries.
So, what should investors or potential investors watch when the popular plant-based company reports earnings?
There are a few simple things to keep an eye on: the path to profitability, the company's plan to expand and stay competitive.